Question: When there is a book mismatch between PPE& Acc. depreciation, although the assets have been fully depreciated and the net book value should be 0,

When there is a book mismatch between PPE& Acc. depreciation, although the assets have been fully depreciated and the net book value should be 0, what kind of adjustment journal entry should be posted?

Furniture and Equipment $ 15,794.81 Accumulated Depreciation $ 14,690.03

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