Record the transactions in the journal of Dora Company. Continuing Problem P10-42 Calculating and journalizing partial-year depreciation This problem continues the Daniels Consulting situation from Problem I of Cha 9. Assume Daniels Consulting had purchased a computer, $3,600, and office furniture, $3,000, on December 3 and 4, 2016, and that they were ex- pected to last five years. Assume that both assets have a residual value of S0 Requirements 1. Calculate the amount of depreciation expense for each asset for the year ended December 31, 2016, assuming the computer is depreciated using the straight-line method and the office furniture is depreciated using the double-declining-balance 2. Record the entry for the one month's depreciation. Permissions Support Feedback