Question: Brief Exercise 22-5 Bre ble Company purchased a computer system for 10,500. Bramble uses straight-line depreciation. 73,400 on January 1, 2016. It as depreciated based

Brief Exercise 22-5 Bre ble Company purchased a computer system for 10,500. Bramble uses straight-line depreciation. 73,400 on January 1, 2016. It as depreciated based on a 7-year life and an $19,500 salvage value. On January 1, 2018, Bra ble evised these estimates to a total useful life of 4 years and salvage value Prepare Bramble's entry to record 2018 depreciation expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually, If no entry is required, select 'No Entry for the account titles and enter 0 for the amounts. No Entry" for the Account Titdles and Explanation Debit Credit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
