Question: Before adjustment: Given For the current year, amortization on equipment is $800. Required a. Which of the three T accounts is not affected? b. Which

Before adjustment:

Before adjustment:GivenFor the current year, amortization on equipment is $800.Requireda.

Given
For the current year, amortization on equipment is $800.


Required
a. Which of the three T accounts is not affected?
b. Which title is a contra-asset?
c. Draw a transaction analysis box for this adjustment.

Equipment 6,000 Accumulated Amortization, Equipment Amortization Expense, Equipment 1,000

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