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make journal and adjusting entries Write the journal entries for each of the following: 1. Kobalt Powers bought a new machinery for $15,000,000, it expects

make journal and adjusting entries

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Write the journal entries for each of the following: 1. Kobalt Powers bought a new machinery for $15,000,000, it expects to use tiss for 30 years and it has zero residual value. What is the depreciation expense for the year? And what is the accounting entry? 2. Keith Manufacturersutilites expense is normally 565,000 : For the month of December 2022. it hast received the anvoice from the utility company. What is the adjusting entry

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