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NEXT anus Coat Company purchased a delivery truck June 1 for $30,000 paying $10,000 cash...

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Accounting

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NEXT anus Coat Company purchased a delivery truck June 1 for $30,000 paying $10,000 cash and signing a 6%, 2-1 or th note for the remaining balance. The truck is expected to depreciate $6,000 each year. Janus Coat Company prepares monthly financial statements. Prepare the general journal entry to record the acquisition of the delivery truck on June 1st. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare any adjusting journal entries that should be made on June 30th. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Exnlanation redit Dehit

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