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PART 1 Good Coffee Co. is a roastery and cafe in Mount Pleasant. They are a B Corp and source beans ethically. They have a
PART 1 Good Coffee Co. is a roastery and cafe in Mount Pleasant. They are a B Corp and source beans ethically. They have a December 31 st year-end, but report financials monthly. On March 1st 2022, they purchased a new roaster (only equipment) for $16,000. It has a one-year warranty and is expected to last 5 years. The parts have a salvage value of $1,000. PART 1A What will be the adjusting entry at month-end? PART 1B What balance will be reported at year-end 2022 balance sheet for Accumulated Depreciation? PART 1C What's the balance of depreciation expense in the post-closing trial balance at the end of 2022? PART 1D If the adjusting entry is not made, this would result in an Good Coffee Co. is a roastery and cafe in Mount Pleasant. They are a B Corp and source beans ethically. They have a December 31st year-end, but report financials monthly. On March 1st 2022, they purchased a new roaster (only equipment) for $16,000. It has a one-year warranty and is expected to last 5 years. The parts have a salvage value of $1,000. PART 1A What will be the adjusting entry at month-end? PART 1B What balance will be reported at year-end 2022 balance sheet for Accumulated Depreciation? PART 1C What's the balance of depreciation expense in the post-closing trial balance at the end of 2022? this would result in an of net income. What will be the adjusting entry at month-end? What balance will be reported at year-end 2022 balance sheet ror Accumulated PART 1C What's the balance of depreciation expense in the post-closing trial balance at th What's the balance of depreciation expense in the post-closing trial balance at t PART 1D If the adjusting entry is not made, this would result in an sheet for Accumulated Depreciation? losing trial balance at the end of 2022 lepreciation expense in the post-closing trial balance at the end of 2022 ? made, this would result in an
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