Question
Adjustment for depreciation The estimated amount of depreciation on equipment for the current year is $8,240. Journalize the adjusting entry to record the depreciation. If
Adjustment for depreciation
The estimated amount of depreciation on equipment for the current year is $8,240.
Journalize the adjusting entry to record the depreciation. If an amount box does not require an entry, leave it blank.
| Account | Debit | Credit | |
|---|---|---|---|
| Accounts PayableAccumulated Depreciation-EquipmentCashDepreciation ExpenseEquipment | - Select - | - Select - | |
| Accounts PayableAccumulated Depreciation-EquipmentCashDepreciation ExpenseEquipment | - Select - | - Select - |
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
