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    slinky4's Avatar
    slinky4 Posts: 3, Reputation: 1
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    #1

    Aug 25, 2009, 02:35 PM
    Journal entry
    How can I journalize this?

    Im not sure how do enter the 1/4 and the 3/4s

    Depreciation for the month: building, $ 4,000; furniture, $ 4,800. One- fourth of depreciation is selling expense, and three- fourths is general expense.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Aug 25, 2009, 07:04 PM

    Divide it by 4 to get 1/4th. That's math, not accounting. Once you have that, the balance of it will be general.
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