Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Adjusting Entry - Bad Debt Expense
[ 1 Answers ]
Need to make adjusting entry. Bad debts are estimated to be 8% of total net credit sales (do not include rentals). I was taking number from sales journal (Sales Cr) but was told by instructor that was wrong. Which journal should I be looking at or should I look in ledger? Any help would be...
Adjusting entry for depreciation on equipment
[ 3 Answers ]
What account should entry for depreciation on equipment? Thanks,
The adjusting entry to record the depreciation of equipment for the fiscal period is
[ 3 Answers ]
The adjusting entry to record the depreciation of equipment for the fiscal period is a. debit Depreciation Expense; credit Equipment b. debit Depreciation Expense; credit accumulated depreciation c. debit Accumulated Depreciation; credit Depreciation Expense d. debit Equipment; credit...
Depreciation in an adjusting entry
[ 2 Answers ]
If the estimated depreciation for office equipment were $42,000, what would the adjusting entry contain? I thought u would credit Depreciation Expense, Office Equipment for 42000, but I don't know if that is right?? The other choices are You could credit to accumulated depreciation,... View more questions Search
|