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I'm taking a course in QuickBooks and am using Computer Accounting with QuickBooks 2015 by Donna Kay. My numbers are fine until i try to
I'm taking a course in QuickBooks and am using Computer Accounting with QuickBooks 2015 by Donna Kay. My numbers are fine until i try to make the journal adjustments and I'm not sure what I'm doing wrong. For example, one adjusting entry is: The paint mixing equipment cost of $4000 will be depreciated over a 5 year useful life with no salvage value. Depreciation expense is $67 per month. How would I record this entry?
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