Question
The following is a partial unadjusted Trail Balance. Bravo Unlimited Unadjusted Trial Balance (partial) 1/31/16 Accounts Debit Credit Equipment $21,000 Accumulated Depreciation, Equipment $8,400 Building
The following is a partial unadjusted Trail Balance. Bravo Unlimited Unadjusted Trial Balance (partial) 1/31/16 Accounts Debit Credit Equipment $21,000 Accumulated Depreciation, Equipment $8,400 Building 120,000 Accumulated Depreciation, Building 12,000 Equipment has a 10 year life without salvage value. It has been in use for four years. The building has a 40 year life without salvage value and has been in use for four years. Both are depreciated on a straight-line basis. Use this information to prepare the compound General Journal entry (without explanation) for the required end of the month adjustments. If no entry is required then write "No Entry Required."
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