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Equipment Acquisition date Cost rsiduel value years Machine 2018-05-01 20000 1000 5 Matriel 2018-03-01 25000 1500 5 1- Prepare the depreciation table at 2018-12-31 2-
Equipment | Acquisition date | Cost | rsiduel value | years |
Machine | 2018-05-01 | 20000 | 1000 | 5 |
Matriel | 2018-03-01 | 25000 | 1500 | 5 |
1- Prepare the depreciation table at 2018-12-31
2- Journalize the transaction at 2018-12-31
3- Prepare an updated balance sheet at 2018-12-31
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