Question: In 2 0 1 8 , internal auditors discovered that PKE Displays, Inc., had debited an expense account for the $ 3 5 0 ,
In internal auditors discovered that PKE Displays, Inc., had debited an expense account for the $ cost of a machine
purchased on January The machine's useful life was expected to be five years with no residual value. Straightline depreciation
is used by PKE.
Ignoring income taxes, prepare the journal entry PKE will use to correct the error. If no entry is required for a transactionevent
select No journal entry required" in the first account field.
Answer is not complete.
please expalin how to do the credit accounts. Thank you
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