Problem: Prepare the appropriate journal entries for December 31, 2013; December 31, 2014; December 31, 2015 and December 31, 2016 using the information given for Jamrock Jeeps purchase of the new robotic assembly machine above. Assume the organization uses the double-declining balance method to account for the annual deprecation incurred on the assembly machine. {Round to the nearest cent $000,000.00}
- December 31, 2013 Entry:
- December 31, 2014 Entry:
- December 31, 2015 Entry: