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(Must provide work) Details regarding Leroux Steel's purchases of plants and equipment items during 2023 follow: Required: Prepare the annual adjusting entry at December 31,2023,
(Must provide work)Details regarding Leroux Steel's purchases of plants and equipment items during 2023 follow: Required: Prepare the annual adjusting entry at December 31,2023, Leroux's year-end, for each plant and equipment item. Journal entry worksheet Record the depreciation on Machine A. Note: Entiec debits before credits. Journal entry worksheet Record the depreciation on Machine B. Note: Enter debits before credits. Analysis Component: If depreciation is not recorded, how would the income statement be affected? Details regarding Leroux Steel's purchases of plant and equipment items during 2023 follow: Assume Leroux Steel uses the straight-line method to depreciate its assets. Journal entry worksheet Note: Enter debits before credits
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