Accounting Marigold Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titlesare automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles andenter o for the amounts.)Date:VAccount Titles and Explanation(To record depreciation expense)DDebitCredit Here are selected 2022 transactions of Marigold Corporation.Jan. 1June 30Dec. 31Retired a piece of machinery that was purchased on January 1, 2012. The machine cost $63,000 and had a useful lifeof 10 years with no salvage value.DateSold a computer that was purchased on January 1, 2020. The computer cost $37,000 and had a useful life of 4 yearswith no salvage value. The computer was sold for $6,000 cash.Sold a delivery truck for $9,130 cash. The truck cost $24.500 when it was purchased on January 1, 2019, and wasdepreciated based on a 5-year useful life with a $3,400 salvage value.Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of, where applicable.Marigold Corporation uses straight-line depreciation, (Record entries in the order displayed in the problem statement. Credit account titlesare automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles andenter O for the amounts.)Account Titles and ExplanationDebitCredit

Name: Accounting Marigold Corporation uses straight-line depreciation. (Reco
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Accounting Marigold Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement. Credit account titlesare automatically indented when amount is entered. Do not indent manually. If no entry is required,