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The bottom pictures are a different question Nasoff Company operates a small manufacturing facility as a supplement to its regular service activit At the beginning
The bottom pictures are a different question Nasoff Company operates a small manufacturing facility as a supplement to its regular service activit At the beginning of 2011, an asset account for the company showed the following balances Manufacturing equipment Accumulated depreciation through 2010 $ 135,500 66,000 During 2011, the following expenditures were incurred for the equipment Routine maintenance and repairs on the equipment Major overhaul of the equipment that improved efficiency on January 2, 2011 $ 1,400 10,000 The equipment is being depreciated on a straight-line basis over an estimated life of 19 years with a $12,000 estimated residual value. The annual accounting period ends on December 31 Required: Indicate the effects (accounts, amounts, and+ orof the following on the accounting equation. (Leave no cells blank. If no entry is required, select "NE" in the account field and zero (0) in the amount field.) 1. The adjustment for depreciation at the end of 2010 2. The two expenditures during 2011 2 The bo expenftriatin the end of 2010 Date Assets Liabilities 1.2010 Accumulated depreciation -6500 1,400 (Click to select) (Click to select) (Click to select) (Click to select) (Click to se (Click to se ' (Click to set (Click to sel 2a. 2011 Cash 2b 2011 Cash -10,000 +10.000 , Equipment
The bottom pictures are a different question
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