Prepare An Adjusted Trial Balance

You need to recognize depreciation on a building you bought on February 15^th of this year. It has an expected life of 25 years and you use straight-line depreciation. See chart of accounts for cost information. b) You have accrued salaries of $459 c) You need to recognize depreciation on the canoes d) You have used up one months worth of insurance (On March 1, Carl purchased a 6-month insurance policy for $3, 312) e) You have only $605 worth of supplies on hand f) You need to recognize interest accumulated on the note payable g) You need to accrue income taxes of $7 You need to recognize depreciation on a building you bought on February 15^th of this year. It has an expected life of 25 years and you use straight-line depreciation. See chart of accounts for cost information. b) You have accrued salaries of $459 c) You need to recognize depreciation on the canoes d) You have used up one months worth of insurance (On March 1, Carl purchased a 6-month insurance policy for $3, 312) e) You have only $605 worth of supplies on hand f) You need to recognize interest accumulated on the note payable g) You need to accrue income taxes of $7