Before adjustment: Given For the current year, amortization on equipment is $800. Required a. Which of the

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Before adjustment:

image text in transcribed
Given
For the current year, amortization on equipment is $800.
Required
a. Which of the three T accounts is not affected?
b. Which title is a contra-asset?
c. Draw a transaction analysis box for this adjustment.
d. What will be the balance of each of these three accounts on the adjusted trial balance?
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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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