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omplete the necessary December $31$ journal entry by selecting the account names from mounts in the debit and credit columns.

Journal entry worksheet

$1$

On January $1,$ the company purchased equipment that cost $$10,000.$ The equipment is expected to be worth about $($or has a salvage value of$)$ $$1,000$ at the end of its useful life in five years. The company uses straight$-$line depreciation. It has not recorded any adjustments relating to this equipment during the current year.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$December$],[31]],$Depreciation expense,,$],[,,1,800,],[,,,],[,,,],[,,,]]$

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