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  • Oct 17, 2009, 06:07 PM
    kandilaye124
    journal entries
    The company predicts the machine will be used for six years and have a $14,600 salvage value. How would you make an journal entries to record depreciation of the machine at December 31 of its first year in operations and at December 31 in the year of its disposal.
  • Oct 17, 2009, 06:45 PM
    pready

    Debit Depreciation Expense for the amount
    Credit Accumulated Depreciation - Equipment for the amount

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