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1) What adjusting entry will Jonson make on this transaction ? a) Depreciation on furniture for the month. The estimated useful life of the furniture
1) What adjusting entry will Jonson make on this transaction ? a) Depreciation on furniture for the month. The estimated useful life of the furniture is 2 years. O A none of them OB. Depreciation Expense 18000 Furniture 18000 O c. Depreciation Expense 18000 Accumulated Depreciation 18000 D. Depreciation Expense 4800 Accumulated Depreciation 4800 O E. Depreciation Expense 1500 Accumulated Depreciation 1500 1) What adjusting entry will Jonson make on this transaction ? a) Depreciation on furniture for the month. The estimated useful life of the furniture is 2 years. O A none of them OB. Depreciation Expense 18000 Furniture 18000 O c. Depreciation Expense 18000 Accumulated Depreciation 18000 D. Depreciation Expense 4800 Accumulated Depreciation 4800 O E. Depreciation Expense 1500 Accumulated Depreciation 1500
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