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Required information The following infomation apoles to the questians displiped below] Cnslow Company purctiased a used machine for $192,000 cash on January 2. On January
Required information The following infomation apoles to the questians displiped below] Cnslow Company purctiased a used machine for $192,000 cash on January 2. On January 3, Orisiow pald 56 .000 to wice electricily to the michine. Oes low paid an addicionel $1,200 on danuary 4 to secure the machine for operation, The machine wil be used for sis years and have a 523,040 sakveg value. Straighitine depteciation is used. On Decernber 31 . bt the end of its firthyear in operations, is is disosed of 2. Prepare journal entries to recond deprecintion of the machine at December 31 . Journal entry worksheet kecord the firat vear yeariend adjusting every for the dopreciution expense of the used mochinh. Nile teler diebu befure ondes Journal entry worksheet Record the year of disposal year-end adjusting entry for the depreciation expense of the used machine. Notei tinter debits before credits
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