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Presented below is information related to equipment owned by Windsor Company at December 31, 2025. Assume that Windsor will continue to use this asset in
Presented below is information related to equipment owned by Windsor Company at December 31, 2025. Assume that Windsor will continue to use this asset in the future. As of December 31,2025 , the equipment has a remaining useful life of 5 years. Prepare the journal entry to record depreciation expense for 2026. (If no entry is required, select "No entry" for the account titles and inter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List debit entry efore credit entry)
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