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LUS ACK NEXT Expense. Depreciation for the year is estimated to be $6,350. Prepare the adjusting entry for depreciation at December 31. (Credit account titles are manually and Depreciation n) n) 31. 20
Expert Answer
dec 31 depreciation expense Dr 6350
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Question & Answer: LUS ACK NEXT Expense. Depreciation for the year is estimated to be $6,350. Prepare the adjusting entry for depr…..
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To accumulated depreciation 6350
T- accounts
depreciation expense
Dec 31 Depreciation provision 6350 Dec 31 profit &loss account 6350
accumulated depreciation
Dec 31 blalance 6350 Dec 31 Depreciation account 6350
