Adjustment for Depreciation

The estimated amount of depreciation on equipment for the current year is $1,840.

Journalize the adjusting entry to record the depreciation. If an amount box does not require an entry, leave it blank.

Options for Box #1.

Accounts Payable

Accumulated Depreciation-Equipment

Depreciation Expense

Depreciation Payable

Equipment Expense

Equipment

Equipment Payable

Depreciation Expense

Box #1 (select above)