Record the following adjusting entry

The computer equipment on the Post Closing Trial Balance from last year was purchased last January for $22,500.00. It is being depreciated based upon an estimated useful life of 5.0 years

with no salvage value. Calculate the depreciation for one year using the straight-line method of depreciation.

The computer equipment on the Post Closing Trial Balance from last year was purchased last January for $22,500.00. It is being depreciated based upon an estimated useful life of 5.0 years

with no salvage value. Calculate the depreciation for one year using the straight-line method of depreciation.