Merchandise Inventory has a current balance of 16,200 in the trial balance. And after taking inventory the actual amount in Inventory is 15,300. How would I post the journal entry to show this difference?

A truck that was purchased for 60000 on Jan 1, 2004 and has a estimated life of 10 years is depreciated strait line and has a salvage value equal to 20% of the purchase cost. How would I record the adjusting journal entry so a trail balance for Dec 31, 2008 can be made?

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