Homework Help: accounts

Posted by jimmy on Tuesday, November 25, 2008 at 3:16pm.

Stuck Stucky purchased a new truck on July 1, 2005 at a cost of $20,000. The truck had a life of 7 years and salvage of $6,000.00. Using the straight-line method, record the following:-
1. The purchase on July 1, 2005
2. The Depreciation for 2005
3. What is the book value of the truck at December 31, 2005, and December 31, 2006?

accounts - Ms. Sue, Tuesday, November 25, 2008 at 3:17pm
How would you like us to help you?
accounts - jimmy, Tuesday, November 25, 2008 at 3:20pm
by giving me the answer
accounts - Ms. Sue, Tuesday, November 25, 2008 at 4:17pm
You've come to the wrong place. We do not give answers.

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