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Transactions for including Sale The following transactions and adjusting entries were completed by Robinson Furniture balance method of depreciation is used during a three-year periode All are related to the use of delivery equipment. The double-deding Year 1 Jan. 8 Purchased a used delivery truck for $24,000, paying cash. Mar 7 Paid garage $900 for changing the placing the files and tuning the engine on the delivery truck Dec. 31 Recorded depreciation on the truck for the fiscal year. The estimated useful fe of the truck is four years, with a value of 54.000 for the truck Jan. 9 Purchased a new truck for $50,000, paying cash. Feb. 25 pad garage 250 to tune the engine and make other Apr 20 Sold the used truck for $9.500 (Record deprec Dec 31 Record depreciation for the new truck. It ha truck. It hastimated residuale 12.000 dans Sept 1 Durchased a truck for Bept Sold the truck purchased away. Year for $36.000. Record deprecation to de a r for the truck) Dec. 31 Recorded depreciation on the remaining true. It has an estimated results of 16.000 and an estimated serul Required: entry leavit Hank. Do not round werd e calculations Journalise the transactions and the adjusting entries Year 1 an Mar. 7 il II II Apr. 10 Sale d Year 3 Sept 1 Sept. 4 Deprec. Sept. 4 Sale Dec. 31

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