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Author Question: Morgan's Consulting bought a scanner worth $5,000 with an expected life of 7 years and a residual ... (Read 1635 times)

imanialler

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on: Nov 10, 2019
Morgan's Consulting bought a scanner worth $5,000 with an expected life of 7 years and a residual value of $1,500. What is the adjusting journal entry for the first year?
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Depreciation Expense500
Accumulated Depreciation, Scanner500

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Scanner 500
Accumulated Depreciation, Computer500

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Scanner500
Depreciation Expense500

◦
Depreciation Expense500
Scanner500
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by imanialler on Nov 10, 2019

kardosa007

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jennie Berard

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Reply #2 on: Mar 31, 2020
thanks


Haley Keats

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Reply #3 on: Dec 7, 2020
Thank you


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