What is the general journal entry for the depreciation expense adjusting entry?

Depreciation Expense. Depreciation expense is calculated once annually at the end of each year and recorded in the general journal as of December 31. The depreciation methods, estimated lives, and salvage values are documented in the fixed asset subsidiary ledger. Depreciation in the year of sale or acquisition is calculated following a half-year convention, which means that six months of depreciation is taken regardless of the amount of time the assets were actually owned during these years. Principle & Rolex Time Loom FIXED ASSET SUBSIDIARY LEDGER Item Office Furniture Purchased From Chicago Office Supply Estimated Life 5 years Depreciation Method Straight-line Where Located Office Estimated Salvage Value $ 0 Asset Record Credit Balance Debit 50 150.00 Date Debit Sept. 30165075.000 Dec. 3116 Dec 31 17 Dec. 31 18 Dec 31 14 Dec 31 20 Dec 31 21 De 1922 Depreciation Record Asset Net Credit Balance Book Value 50 750.00 5.0 15.00 50 75.00 45475.00 10 15.000 15225.00 35.525.00 10 15.000 2.5375.00 25375.00 10 15.000 35525.00 15.225.00 10 15.000 45475.00 5.0.75,00 50 75.00 50 750.00 -0- Dalia 0- Ana Raag Final Disposition of the Asset Item Delivery Trucks Purchased From Dyckstra Ford Estimated Life 5 years Depreciation Method Straight line Where Located Loading Dock Estimated Salvage Value 50 Depreciation Record Asset Net Debit Credit Balance Book Value 692.55100 U 92550 092550 6232.9.50 13 8.5000 20016504847850 Date Debit Apr 21 20 0925500 Dec 31 20 Dec. 31 20 Asset Record Credit Balance $69.255.00 Final Disposition of the Asset 22 FIXED ASSET SUBSIDIARY LEDGER Item Inventory Handling System Purchased From Conveyor Systems, Inc Estimated Life 10 years Asset Record Date Debit Credit Balance Jul 5 21 200CCO DO $200U BODO Dec 31 21 Depreciation Method Straight line Where Located Warehouse Estimated Salvage Value 50 Depreciation Record Asset Net Debit Credit Balance Book Value 200 CL000 1003Eoo 100 33.00 19.0627 00 Final Disposition of the Asset Item 116 GB Rack Server Purchased From Chicago Office Supply Estimated Life 5 years Asset Record Date Debit Credit Balance Dec, 12 22 100 137301000 Depreciation Method Straight-line Where Located Office Estimated Salvage Value $ 0 Depreciation Record Debit Credit Balance Asset Net Book Value 1736700 Final Disposition of the Asset Item Slawding mubola Purchased From Dhiesa Nice Supply Estimated Life Depreciation Method Straight line Where Located Estimated Salvage Value $ 0 Depreciation Record Debit Credit Balance Asset Record Credit Date Debit D. 1922 LASE Balance ALS Asset Net Book Value CO Final Disposition of the Asset 23 Depreciation Expense. Depreciation expense is calculated once annually at the end of each year and recorded in the general journal as of December 31. The depreciation methods, estimated lives, and salvage values are documented in the fixed asset subsidiary ledger. Depreciation in the year of sale or acquisition is calculated following a half-year convention, which means that six months of depreciation is taken regardless of the amount of time the assets were actually owned during these years. Principle & Rolex Time Loom FIXED ASSET SUBSIDIARY LEDGER Item Office Furniture Purchased From Chicago Office Supply Estimated Life 5 years Depreciation Method Straight-line Where Located Office Estimated Salvage Value $ 0 Asset Record Credit Balance Debit 50 150.00 Date Debit Sept. 30165075.000 Dec. 3116 Dec 31 17 Dec. 31 18 Dec 31 14 Dec 31 20 Dec 31 21 De 1922 Depreciation Record Asset Net Credit Balance Book Value 50 750.00 5.0 15.00 50 75.00 45475.00 10 15.000 15225.00 35.525.00 10 15.000 2.5375.00 25375.00 10 15.000 35525.00 15.225.00 10 15.000 45475.00 5.0.75,00 50 75.00 50 750.00 -0- Dalia 0- Ana Raag Final Disposition of the Asset Item Delivery Trucks Purchased From Dyckstra Ford Estimated Life 5 years Depreciation Method Straight line Where Located Loading Dock Estimated Salvage Value 50 Depreciation Record Asset Net Debit Credit Balance Book Value 692.55100 U 92550 092550 6232.9.50 13 8.5000 20016504847850 Date Debit Apr 21 20 0925500 Dec 31 20 Dec. 31 20 Asset Record Credit Balance $69.255.00 Final Disposition of the Asset 22 FIXED ASSET SUBSIDIARY LEDGER Item Inventory Handling System Purchased From Conveyor Systems, Inc Estimated Life 10 years Asset Record Date Debit Credit Balance Jul 5 21 200CCO DO $200U BODO Dec 31 21 Depreciation Method Straight line Where Located Warehouse Estimated Salvage Value 50 Depreciation Record Asset Net Debit Credit Balance Book Value 200 CL000 1003Eoo 100 33.00 19.0627 00 Final Disposition of the Asset Item 116 GB Rack Server Purchased From Chicago Office Supply Estimated Life 5 years Asset Record Date Debit Credit Balance Dec, 12 22 100 137301000 Depreciation Method Straight-line Where Located Office Estimated Salvage Value $ 0 Depreciation Record Debit Credit Balance Asset Net Book Value 1736700 Final Disposition of the Asset Item Slawding mubola Purchased From Dhiesa Nice Supply Estimated Life Depreciation Method Straight line Where Located Estimated Salvage Value $ 0 Depreciation Record Debit Credit Balance Asset Record Credit Date Debit D. 1922 LASE Balance ALS Asset Net Book Value CO Final Disposition of the Asset 23