5. Your staff person has provided you with the following journal entry for January 20x1 depreciation. The monthly deprecation is supposed to be $100.00. What is wrong with this entry?

Journal Entry #GJ 2 - Depr - Journal no. Journal date 01/31/X1 GJ 2 - Depr # ACCOUNT DEBITS CREDITS DESCRIPTION 1 189 Accumulated Depreciation 100.00 January depreciation on fixed assets 2 649 Depreciation expense 100.00 January depreciation on fixed assets Total 100.00 100.00