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

    Nov 22, 2010, 03:15 PM
    What would the general journal entry be for an adjusting entry?
    Depreciation for the month:
    Factory equipment... $642.00
    Office equipment... $369.70
    What accounts are debited and credited?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Nov 22, 2010, 03:53 PM

    Debit Depreciation Expense for the total amount
    Credit Accumulated Depreciation - Factory Equipment for 642.00
    Credit Accumulated Depreciation - Office Equipment for 369.70

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