The basic adjusting entry will affect one Expense account and one Asset account. We will DEBIT the Expense account and CREDIT the Asset account. Note: we will not be paying cash for these expenses so never use a bank or cash account in this entry. For Sushi Coma, we will need to record one$-$month of depreciation expense for all the fixed assets. Sushi Coma will use straight$-$line depreciation. The formula to calulate MONTHLY depreciation will be: Asset Cost$-$ Salvage Value$/$Useful Life $($In months$)$ Enter an adjusting journal entry $(+$New, Journal Entry use reference AJE$06$ Depreciation$)$ to record monthly depreciation dated $1/31/2025.$ The class for each line will be Admin Sushi Coma's depreciable asset information is: You will record separate lines for each type of asset and show how you catculated the amount in the Description column. Round depreciation to the nearest cent $($meaning$,2$ decimats!$).$ See example below: