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use straight line method to find depreciati neproducts signment 4 - Ch 4 G Saved He 2 No 201 103 168 300 301 101 194
use straight line method to find depreciati
neproducts signment 4 - Ch 4 G Saved He 2 No 201 103 168 300 301 101 194 167 633 623 141 233 610 nts Skipped Account Accounts payable and accrued liabilities Accounts receivable Accumulated depreciation, equipment Becky Brenner, capital Becky Brenner withdrawals Cash Copyright Equipment Insurance expense Interest expense Notes receivable, due January 1, 2023 Long-term notes payable Rent expense Revenues Supplies Supplies expense Telephone expense Unearned revenues Utilities expense Wages expense Totals Debit Credit $ 5,150 $ 5,150 6,200 14,100 39,400 12,150 11,200 23,200 2,470 sos 19,600 26,800 11,150 89,960 365 1,810 2,250 12,800 2,560 53,200 $185,010 $185,010 402 Print 126 637 652 203 688 612 The following is additional Information that has not been included in the trial balance. a. On April 2. you received the telephone bill for the month of March for $720. b. On March 31, Adventure Element took a university student club zip-lining. An invoice had been sent to the student club for $3,500 due April 30. c. On March 31, the company held a teen's camp for $2,250. All tickets had been prepaid two weeks in advance. d. The equipment has an estimated useful life of 20 years with no residual value at the end of its useful life. If you need to create a new account, use account number 606. Use straight line method for depreciating Equipment. The owner made an additional Investment during the year of $17,500. A $6,000 payment on the long-term notes payable will be made HAN 2 of 2
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