Refer to E9-4.
In information Chapter 9 Exercise 4
Manufacturing equipment ................................. $160,000
Accumulated depreciation through 2012 ................. 100,000
During the first week of January 2013, the following expenditures were incurred for repairs and maintenance:
Routine maintenance and repairs on the equipment ................... $ 1,850
Major overhaul of the equipment that improved efficiency ........... 24,000
Required:
1. Indicate the effects (accounts, amounts, and 1 or 2) of the 2013 adjustment for depreciation of the manufacturing equipment, assuming no change in the estimated life or residual value. Show computations.

2. Give the adjusting entry that should be made at the end of 2013 for depreciation?

Date Assets Liabilities +Stockholders' Equity