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10 2 points eBook E9-6 (Algo) Computing and Recording Straight-Line Depreciation [LO 9-3] Sushi Corporation bought a machine at the beginning of the year at

10 2 points eBook E9-6 (Algo) Computing and Recording Straight-Line Depreciation [LO 9-3] Sushi Corporation bought a machine at the beginning of the year at a cost of $23,000. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the straight-line method. 2. Prepare the journal entry to record Year 2 depreciation. Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete a depreciation schedule for the straight-line method. Income Statement Balance Sheet Year Depreciation Expense Accumulated Cost Book Value Depreciation At acquisition 1 2 3 4 5 Required 1 Required 2 > 2 Book Print ferences E9-6 (Algo) Computing and Recording Straight-Line Depreciation [LO 9-3] Sushi Corporation bought a machine at the beginning of the year at a cost of $23,000. The estimated useful life was five years and the residual value was $2,000. Required: 1. Complete a depreciation schedule for the straight-line method. 2. Prepare the journal entry to record Year 2 depreciation. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Year 2 depreciation. (If no entry is required for a transaction/event, selec Required" in the first account field.) View transaction list Journal entry worksheet A Record the adjusting entry for depreciation expense for Year 2. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal

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