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-   -   Adjusting Entries (https://www.askmehelpdesk.com/showthread.php?t=829035)

  • Nov 28, 2016, 10:19 AM
    cats1224
    Adjusting Entries
    I need help adjusting these two entries:

    Automobile $14,200
    Accumulated amortization at start of period: $9,546.94
    Rate: 20%
    (Adjust for whole year)

    Building $147,100
    Accumulated amortization at start of period: $8,650.66
    Rate: 2%
    (Adjust for whole year)
  • Dec 1, 2016, 08:51 PM
    paraclete
    So are you asking us to do the maths for you? The two sides of the entry are depreciation expense and accumulated depreciation. To do the job properly you need to know what method is being used.

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