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

    Jul 23, 2008, 07:52 AM
    Adjusting the annual depreciation
    If the accumulated depreciation (66000) is given in the original trial balance, how do I adjust the entry if the annual depreciation(13200) is given in the adjusted entries?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Oct 18, 2008, 05:43 PM

    IF the Depreciation Expense was not recorded for the year then the adjusting entry is:

    Debit Depreciation Expense for 13,200
    Credit Accumulated Depreciation for 13,200
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