Before Adjustment Given: At year end, depreciation on Equipment is $1,300. 1. Which of these three T

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Before Adjustment

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Given: At year end, depreciation on Equipment is $1,300.

1. Which of these three T accounts is not affected?

2. Which account is a contra-asset?

3. Complete a transaction analysis chart for this adjustment.

4. What will be the balance of these three accounts on the adjusted trial balance?

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Related Book For  book-img-for-question

College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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