Answer:
Depreciation Expense 7,700
Accumulated Depreciation—Equipment 7,700
Depreciation on equipment.
Sunday, 24 July 2016
The estimated amount of depreciation on equipment for the current year is $7,700.
The estimated amount of depreciation on equipment for the current year is $7,700. Journalize the adjusting entry to record the depreciation.
Answer:
Depreciation Expense 7,700
Accumulated Depreciation—Equipment 7,700
Depreciation on equipment.
Answer:
Depreciation Expense 7,700
Accumulated Depreciation—Equipment 7,700
Depreciation on equipment.
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