uiz Quiz 1 On December 1, your company paid cash of $31,000 for computers that are exper on Decoder and (b) amortuation on December 31 include dates and expisha Question 7 of 14 Computer Equpmart, Accumulated Accou First we will record the purchase of the computer equipment (Record debt first, then credits. Select the explanation on the last line of the journal entry table Dale December 31 Joumal Entry Accounts and Explanation Debil Creat This quiz 14 po This question: 1 panje) positi Ch Submit qui b Record amordion on December 31 Before we can cord the amortization for one month we met calculate the expense. The cond of the capital et is spread out bewarding wy one of auton Fritade expense, the use the formula to akute the amount of monon pense Round your answers to the nearest whole marbel Abbations usat Amort amaration) Using the ants you calculated above, record the entry to one months amozaton (Record debts first, then credits Select the explanation on the last line of the july amounts to the br SSC Cer Jemel Entry Time Remaining 0041