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What is the monthly entry to adjust depreciation? Opening Equipment balance: 29,500 Opening Accum Depreciation - Equip balance: 17,550 Current fiscal year: Jan 1, 2018
What is the monthly entry to adjust depreciation?
Opening Equipment balance: 29,500
Opening Accum Depreciation - Equip balance: 17,550
Current fiscal year: Jan 1, 2018 - Dec 31, 2018
Vingio pronto - olds Sound Bytes Electronics 1577 Scott Street, St. Catharines, ON, L2N 4F8 Memo Date: To: Volge March 31, 2018 ( Copy of Original Memo ) ros.COM in those John Stammers, Owner 08.30 ON 16 CDT Diane Ditlove, Accounting Services nel gibsteno - oldays A to dlab SPO From: From information supplied by you. STOS.0E NOM "BOTS. online BOS OS "PITS eloque Total value of Store Equipment purchased is per Store Equipment General Ledger Account #161. All equipment was purchased on January 2, 2015 Ermel Normal life expectancy for this type of equipment is 5 years. vonoval seiner to sube 80. do Estimated trade-in allowance is approximately $ 2,500.00 Based on the above, we have adjusted the depreciation on a monthly basis to March 31. We would suggest you make a monthly entry to adjust depreciation. I have photocopied this memo to remind you to process a monthly transaction. conosa Vingio pronto - olds Sound Bytes Electronics 1577 Scott Street, St. Catharines, ON, L2N 4F8 Memo Date: To: Volge March 31, 2018 ( Copy of Original Memo ) ros.COM in those John Stammers, Owner 08.30 ON 16 CDT Diane Ditlove, Accounting Services nel gibsteno - oldays A to dlab SPO From: From information supplied by you. STOS.0E NOM "BOTS. online BOS OS "PITS eloque Total value of Store Equipment purchased is per Store Equipment General Ledger Account #161. All equipment was purchased on January 2, 2015 Ermel Normal life expectancy for this type of equipment is 5 years. vonoval seiner to sube 80. do Estimated trade-in allowance is approximately $ 2,500.00 Based on the above, we have adjusted the depreciation on a monthly basis to March 31. We would suggest you make a monthly entry to adjust depreciation. I have photocopied this memo to remind you to process a monthly transaction. conosaStep by Step Solution
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