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As of December the adjusted trail balance of Tracks company reports equipment of 32000 and 0 balance in accumulated depreciation. Equipment and depreciation expense .
As of December the adjusted trail balance of Tracks company reports equipment of 32000 and 0 balance in accumulated depreciation. Equipment and depreciation expense . Depreciation for the period is estimated 6400. I have my journal entry correct. Depreciation expense debit 6400 and accumlated depreciation credit 6400. In my t accounts I put 32000 in beginning balance and 6400 as my adjusted entry. Its marking me wrong. Help
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