Wk 3 - Apply. Connect Homework [due Mon 1 Chech The Krug Company's Accumulated Depreciation account has a $23,500 balance to start the year. A review of depreciation schedules reveals that 526,600 of depreciation expense must be recorded for the year. Accumulated depreciation Step 1: Determine what the current account balance equals. 20 points Step 2: Determine what the current account balance should equal. eBook Step 3. Record the December 31 adjusting entry to get from step 1 to step 2. Hint b. The company has only one fixed asset (truck) that it purchased at the start of this year. That asset had cost $64,000, had an estimated life of 5 years, and is expected to have zero value at the end of the 5 years. Accumulate Step 1: Determine what the current account balance equals FOOD STAMP ASSISTAM The Food Stamp Program Need To Know To Apply my-food-stamps.org Step 2: Determine what the current account balance should equal Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 Click Her