question archive The following is a partial unadjusted Trial Balance Bravo Unlimited Unadjusted Trial Balance (partial) 1/31/16 Accounts Debit Credit Equipment $21,000 Accumulated Depreciation, Equipment $8,400 Building 168,000 Accumulated Depreciation, Building 16,800 Equipment has a 10 year life without salvage value It has been in use for four years The building has a 40 year life without salvage value and has been in use for four years Both are depreciated on a straight-line basis Use this information to prepare the compound General Journal entry (without explanation) for the required end of the month adjustments If no entry is required then write “No Entry Required“
The following is a partial unadjusted Trial Balance Bravo Unlimited Unadjusted Trial Balance (partial) 1/31/16 Accounts Debit Credit Equipment $21,000 Accumulated Depreciation, Equipment $8,400 Building 168,000 Accumulated Depreciation, Building 16,800 Equipment has a 10 year life without salvage value It has been in use for four years The building has a 40 year life without salvage value and has been in use for four years Both are depreciated on a straight-line basis Use this information to prepare the compound General Journal entry (without explanation) for the required end of the month adjustments If no entry is required then write “No Entry Required“
Subject:AccountingPrice: Bought3
The following is a partial unadjusted Trial Balance
Bravo Unlimited
Unadjusted Trial Balance (partial)
1/31/16
Accounts
Debit
Credit
Equipment
$21,000
Accumulated Depreciation, Equipment
$8,400
Building
168,000
Accumulated Depreciation, Building
16,800
Equipment has a 10 year life without salvage value It has been in use for four years The building has a 40 year life without salvage value and has been in use for four years Both are depreciated on a straight-line basis Use this information to prepare the compound General Journal entry (without explanation) for the required end of the month adjustments If no entry is required then write “No Entry Required“
