Question: how would i put in this journal entry Depreciation text boxes. Enter amounts from above as positive numbers When entering a new fixed asset, place
how would i put in this journal entry
Depreciation text boxes. Enter amounts from above as positive numbers "When entering a new fixed asset, place a check in the Track depreciation of this asset check box to reveal Original cost and 2 Create new accounts and related beginning balances as follows: Name Detail Type Balance As of Category Type Bank Checking Checking 5,000.00 12/31/18 Fixed Assets Machinery & Equipment Original cost 10,000.00 12/31/18 Fixed Assets* Machinery & Equipment Depreciation 1,000.00 12/31/18 Long-Term Notes Payable Notes Payable 12,000.00 12/31/18 Liabilities Equity Common Stock Common Stock 100.00 12/31/18
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