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-   -   Adjusting the annual depreciation (https://www.askmehelpdesk.com/showthread.php?t=240712)

  • Jul 23, 2008, 07:52 AM
    ryem
    Adjusting the annual depreciation
    If the accumulated depreciation (66000) is given in the original trial balance, how do I adjust the entry if the annual depreciation(13200) is given in the adjusted entries?
  • Oct 18, 2008, 05:43 PM
    pready

    IF the Depreciation Expense was not recorded for the year then the adjusting entry is:

    Debit Depreciation Expense for 13,200
    Credit Accumulated Depreciation for 13,200

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