Accounting Work
Showing posts with label
amount of depreciation
.
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Showing posts with label
amount of depreciation
.
Show all posts
Sunday, 24 July 2016
The estimated amount of depreciation on equipment for the current year is $9,100
The estimated amount of depreciation on equipment for the current year is $9,100. Journalize the adjusting entry to record the depreciation.
Answer:
Depreciation Expense 9,100
Accumulated Depreciation—Equipment 9,100
Depreciation on equipment.
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