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the numbers for depreciation expeense and accumulated depreciation machine c are wrong can somone help Required information The following information applies to the questions displayed
the numbers for depreciation expeense and accumulated depreciation machine c are wrong can somone help
Required information The following information applies to the questions displayed below.) At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Advantage, Inc. The machines immediately were overhauled, Installed, and started operating. The machines were different therefore, each had to be recorded separately in the accounts. Machine $ 35.500 Amount paid for asset Installation costs Renovation costs prior to use Machine B $ 32,800 1.000 1.600 Machine S 27.550 800 1800 1.900 3.300 By the end of the first year each machine had been operating 6,400 hours. 2. Prepare the entry to record depreciation expense at the end of year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Machine 3 C ESTIMATES Life Real Value 10 years $2.700 65,000 hours 2,800 9 years 2,700 Depreciation Method Straight-line Units-of-production Double-declining-balance = View transaction at View journal entry worksheet NO Transaction 1 Debit Credit 1 13.633 General Journal Depreciation expense Accumulated depreciation Machine A Accumulated depreciation Machine B Accumulated depreciation, Machine C 3.800 3.200 6.833
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