Adjusting entries
Selected ledger accounts used by Cross Country Truck Rentals,Inc.are listed along with identifying numbers.Following this list of account numbers and titles is a series of transactions.For each transaction,you are to indicate the proper accounts to be debited and credited. 
Definitions:
Depreciable Cost
The initial cost of an asset minus its salvage value, which is the amount that can be depreciated over the life of the asset.
Residual Value
The approximated price an asset will bring in at the conclusion of its operational life when it is sold.
Straight-Line Basis
A method of calculating depreciation or amortization that spreads the asset's cost evenly across its useful life.
Accumulated Depreciation
The total amount of an asset's cost that has been expensed over time due to wear and tear, obsolescence, or age.
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