The Moss Piano Company purchased a Delivery Truck on May the cost of the asset, the salvage value and the useful life information is provided in the table below. The miles driven by the truck each year were miles; miles; miles; miles; miles.
tableCost:Salvage Value:,Useful Life in Units:,
January Record the purchase of the delivery truck.
tableDateALSENICFAccountJan,,,,,,,,
Complete the depreciation table assuming the company uses unitsofactivity depreciation. Round the per mile rate to the PENNY. Round depreciation to the WHOLE DOLLAR.
Year
Depreciation Expense
Accumulated Depreciation
Book Value
table
December Record the depreciation expense for
tableDateAAccount,
