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  3. carla vista co. had the following assets on januar

Carla Vista Co. had the following assets on January 1, 2022. During 2022, each of...

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Accounting

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Carla Vista Co. had the following assets on January 1, 2022. During 2022, each of the assets was removed from service. The machinery was retired on January 1 . The forklift was sold on June 30 for $11,500. The truck was discarded on December 31. Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on disposed assets. The company uses straight-line depreciation. All depreciation was up to date as of December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually in no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (To record depreciation expense on forklift) (To record sale of forklift) (To record depreciation expense on truck) (To record sale of truck)

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