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    Nloretta's Avatar
    Nloretta Posts: 1, Reputation: 1
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    #1

    May 5, 2013, 05:42 PM
    Accounting Help!
    For my accounting class, how would I journalize the adjusting entry for Annual depreciation is $3,480 on the building with the building amounting to $76,000 on the trial balance for the month of May 31, 2012?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    May 5, 2013, 07:45 PM
    You would Debit Depreciation Expense and Credit Accumulated Depreciation - Building for 3,480
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