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Depreciation by units-of-activity method Prior to adjustment at the end of the year, the balance...

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Accounting

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Depreciation by units-of-activity method Prior to adjustment at the end of the year, the balance in Trucks is $296,900 and the balance in Accumulated Depreciation- Trucks is $99,740. Details of the subsid ary ledger are as follows Accumulated DepreciationOperated at Beginning During Miles Estimated Residual Estimated Life 80,000 15,000 250,000 miles 54,000 72,900 0,c00 21,000 miles 6,000 300,000 10,900200,000 22,000 240,000 14,400 32,500 60,140 25,200 22,s0o 0,000 a. Determine the depreciation rates per mle and themount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. Round the rate per mile to two decimal places. Truck No.Rate per Mile (in cents) Hiles Operated 1,000 3,500 8,000 22,500 Credit to Accumulated Depreciation Tetal

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