Question 1)

On 1 September 2015, Stephen Services purchased a new digital SLR camera for $18,500. The depreciation charge for the camera is $3,000 per year. Record the adjusting entry for depreciation for the financial year ending 30 June 2019. (Alternative: record the adjusting entry assuming the camera was purchased on 1 September 2018.) (Alternative: record the adjusting entry assuming the depreciation charge was $350 per month and the camera was purchased on 1 September 2015.) (Alternative: record the adjusting entry assuming the depreciation charge was $350 per month and the camera was purchased on 1 September 2018.)

Please provide full explanations and answers for the alternatives.

Thank you!