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At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an established supplier of used, new and refurbished
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Primo Fitness, an
established supplier of used, new and refurbished gym equipment in Southern California. The machines immediately were
overhauled and started operating. The machines were different; therefore, each had to be recorded separately in the
accounts.
By the end of the first year, each machine had been operating hours.
P Part
Prepare the entry to record depreciation expense at the end of Year assuming the following.
Note: Do not round intermediate calculations. If no entry is required for a transactionevent select No journal entry required" in
the first account field.
Journal entry worksheet
Record the depreciation expense for year
Note: Enter debits before credits.
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