Required information [The following information applies to the questions displayed below] At the beginning of the year, Grillo Industries bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $25,400, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet A Record the year 2 depreciation expense for Machine C. Note: Enter debits before credits. $9,000 800 600 500 Transaction General Journal Debit Credit

Required information [The following information applies to the questions displayed below] At the beginning of the year, Grillo Industries bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of 25,400 , an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transoction/event, select "No Journol ntry Required" in the first account field.) Journal entry worksheet Record the year 2 depreciation expense for Machine C. Note: Enter debits before credits