Question: what is the answer for 21 through 23 please 21 Hecording ordents wilinde lect on Acmefects Acant the bottom of the comment but powered -
21 Hecording ordents wilinde lect on Acmefects Acant the bottom of the comment but powered - Hestationeryepente financial status het om the comment Both sumects Adment the bottom of the income statement and to your prendre Other Cumulative Teds Austment at the bottom of the income statement ringnored x 22 The Typhoon Company convertatement of depreciation in a prior year which will be mand O Aloumat Entry to and Earning but no debit to Accumulated Deprecio b. Adet 10 Accumulated Depreciation but no Journalty to lietained Earnings Botha Journal Entry to retained Earnings and a bit to Accumulated Depreciation Neither or ntry to retained Earnings not a debit to Accumulated Depreciation 23 The Appleton Company was depreciating a bulding using the straight-e method over a year period. After the years, the company recovered that he had been word in the computation annual depreciation expense Based on this information, the accountant should Select one Continue to depreciate the building, ignoring the salvage value Ob Depreciate the remaining took value over the remain ute of the set now taking into account the salvage O Adjust sccumulated depreciation to its appropriate balance through retained aming based on having away correctly used the shape and the continue to deate the dock less salvage Value O d. Adjust sccumulated depreciation to its appropriate balance through net income, buted on wings conectly used the age und the continue to depene me ate booklet salvage value
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
