Question: E File Edit View Insert Format Data Tools Add-ons Help Last edit was 10 minutes ago 100% $ % .0 .00 123 Default (Ca... 11

E File Edit View Insert Format Data Tools Add-ons Help Last edit was 10 minutes ago 100% $ % .0 .00 123 Default (Ca... 11 BI $A O. K103 fx A B c D E 99 100 101 Problem 3 Revised depreciation estimates 1 journal entry 10 points 102 103 104 105 106 107 108 The December 2020 Balance Sheet of Cooper Company showed Equipment of $64,000 and Accumulated Depreciation of $18,000 before depreciation is recorded for 2020. On December 31, 2020, the company decided that the equipment has a remaining useful life of 6 years with a $4,000 salvage value. Prepare the journal entry to record the revised depreciation expense at December 31, 2020 109 110 111 Date Account Title Debit Credit 112 113 114 115 117 110 + Sheet

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