Question: Complete Transactions: Dec. 31 Recorded the adjusting entry for depreciation. Total 20X5 depreciation expense of furniture was $30,000.00. Total 20%5 depreciation expense of equipment was
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Transactions: Dec. 31 Recorded the adjusting entry for depreciation. Total 20X5 depreciation expense of furniture was $30,000.00. Total 20%5 depreciation expense of equipment was $69,250.00. Record the transactions for 20x5 shown above. PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT Jul. 2 Depreciation Expense-Equipment M112 6125 2.200.00 Accumulated Depreciation-Equipment 1216 2,200.00 Adjusting Entries 5Step by Step Solution
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