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Problem 2 (4 points) Paula Masters, the owner of School Stuff, retained a cash register on the books for $2,800. On December 31 of the

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Problem 2 (4 points) Paula Masters, the owner of School Stuff, retained a cash register on the books for $2,800. On December 31 of the current year, the accumulated depreciation on the cash register was $1,000 before the adjustment for this year. The estimated annual depreciation expense is $400. Directions: Using the T accounts below, enter the appropriate balances. Accumulated Depreciation- Cash Register Depreciation Expense- Cash Register Cash Register

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