Part 2: Prepare a sampling of journal entries for long-term assets. Use the second workbook page of the Excel template. Use the Delivery Vehicles account for all delivery vehicles/vans. Use Excel formulas in the cells to document your calculations. Date Transaction Year 1 Purchased a new delivery van for $45,000 with January 3 a note payable. Dan's Dependable Delivery paid $10,000 to patent a specially designed delivery vehicle lift January 10 system. The patent is for the maximum years. Record the payment to register the patent. Cash is paid. Maintained delivery vehicles. Oil changes and March 13 general service work by Bill's Service Garage was completed, $200 on account. Sold delivery vehicle for $8,000 cash. The April 20 original vehicle was purchased for $42,000 and had accumulated depreciation of $38,000. Added a new transmission to a delivery van. The transmission was purchased and installed May 10 for $1000 on account, by Bill's Service Garage. It is estimated the transmission will extend the expected life by two years. Discarded office furniture with a $250 book August 20 value. The furniture was originally purchased for $900. New equipment was purchased on account for the office. The equipment cost $3500, and the installation, wiring, and set-up cost $1,000. September 5 There was cosmetic damage to the equipment in shipping and cost to repair it was $200. Record the transactions. Record the first year's annual depreciation December 31 expense on the new delivery van in part one: #2 van. Record the annual depreciation expense on the December 31 used delivery van from part one. #1 van. December 31 Record one year's amortization on the patent. Year 2 Sold the used delivery van in part 1 (van #1) for July 1 $10,000 cash. Update the depreciation expense on the used delivery van and record the sale. Purchased a new delivery vehicle with an original cost of $48,000. A van with an original cost of $37,000 and accumulated depreciation of $30,000 was traded in for the new vehicle. September 1 The dealer gave a trade-in allowance of $5,000. Dan's Dependable Delivery paid for the new vehicle with a note payable. Record the exchange..

1. SUMMARY LAB ACTIVITY Characters to include and their options: Characters to include and
their options:
a) Retention of egg on parent- (no, yes)
b) Retention of embryo on parent- (no, yes)
c) Dominant life cycle stage- (gametophyte, sporophyte)
d) Reproductive structure (sporangium, cone, flower)
e) What is dispersed (spores, naked seeds, seeds with fruit)
f) Endosperm in seed (no, yes)
Taxon - Egg on Parent - Embryo on Parent - Dom. LC - Repro. Structure - Dispersed - Endosperm
Pine
Ginkgo
Cycad
Asteraria
Pom pom