djustment for depreciation Instruction Chart of Accounts Journal Instructions The estimated amount of depreciation on equipment for the current year is $14.400 Journalize the adjusting.entry to record the depreciation Refer to the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines for journal explanations. Every line on a journal page is used for debitor credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered o BI 21 Adjustment for depreciation Instructions Chart of Accounts Journal IN Instructions Chart of Accounts CHART OF ACCOUNTS General Ledger ASSETS REVENUE 11 Cash 41 Fees Earned 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Rent Expense 18 Equipment O T 2/1 8 @ 0 K 4 Gloryline the necessary adjust t/take AssignmentMain.doinvokere&takeAssignmentSessionLocator=&inprogress=false Adjustment for depreciation Chart of Accounts Journal Instructions x EXPENSES Chart of Accounts 13 Supplies 14 Prepaid Insurance 15 Land 51 Advertising Expense 52 Insurance Expense 16 Equipment 17 Accumulated Depreciation Equipment 53 Rent Expense 54 Salary Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Uneamed Fees 23 Salaries Payable 24 Taxes Payable o > 10 3100 2/13 0 P L ssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false Adjustment for depreciation instructions Chart of Accounts Journal Instructions Chart of Accounts LIABILITIES 21 Accounts Payable 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense 22 Unearned Fees 23 Salaries Payable 24 Taxes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends 500 O EP 100 9 Adjustment for depreciation Journal Instructions Chart of Accounts Journal Journalize the adjusting entry to record the depreciation on December 31. Refer to the chart of accounts for the e use lines for journal explanations Every fine on a journal page is used for debitor credit entnes CNOW journals is entered JOURNAL POST RER DEBIT DATE DESCRIPTION Adating nie FOC O RI 2 8 0 9 P. U K L Journal ge is used for debit or credit entries. CNOW joumals will automatically indent a credit entry when a credit amount PAGE 10 JOURNAL