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Adjustment for Depreciation

The depreciation expense on office equipment for the month of March is $100. This is the third month that the office equipment, which cost $1,900, has been owned.

Prepare the adjusting entry to record depreciation for March and show the balance sheet presentation for office equipment and related accounts after the March 31 adjustment.

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M91953587

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