Question: a . For equipment # 1 0 1 , provide the required adjusting entry for depreciation expense at December 3 1 , Year 4
a For equipment # provide the required adjusting entry for depreciation expense at December Year
Note: Round answers to the nearest whole dollar.
b For equipment # provide the required adjusting entry for depreciation expense at December Year
c For equipment # provide any necessary correcting entry. Ignore income taxes.
d In reporting comparative income statements in Year what net income amount is presented for Year Recording a Change in Estimate, an Error Correction, and a Change in Accounting Principle
On December Year Alexa Company is preparing adjusting entries for its annual yearend. The following issues confront the company. December Year it has been determined that the estimated total useful life is years instead of December Year it was discovered that no depreciation had been recorded on this equipment for Year or Year but it was recorded for Year been applied in Year net income would have been $
a For equipment # provide the required adjusting entry for depreciation expense at December Year
Note: Round answers to the nearest whole dollar.
b For equipment # provide the required adjusting entry for depreciation expense at December Year
c For equipment # provide any necessary correcting entry. Ignore income taxes.
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