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Homework: Module 2 Homework Before Adjustment Equip. 9,800 Acc. Dep., Equip. Dep. Exp., Equip. 2,000 Given: At year end, depreciation on Equipment is $2,300.
Homework: Module 2 Homework Before Adjustment Equip. 9,800 Acc. Dep., Equip. Dep. Exp., Equip. 2,000 Given: At year end, depreciation on Equipment is $2,300. Read the requirements. a. Which of these three T accounts is not affected? Equipment b. Which account is a contra-asset? Acc. Dep., Equipment c. Complete a transaction analysis box for this adjustment. Increase/ Accounts Affected Category Decrease Rules Dep. Exp. Equip. Acc. Depr., Equip. Expense Contra-asset Increase Increase Dr. Cr. Question 12, CC4-3 Part 4 of 5 Complete the "T Account Update" for the depreciation adjustment. Enter the beginning balance(s) and post the adjustment. Do not or enter a zero.) T-Accounts Dep. Exp. Equip. Acc. Depr., Equip. Help me solve this Video Get more help -
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