Illustration depreciation expense

Illustration depreciation expense - six months of 2012 is...

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Illustration depreciation expense Illustration: On July 1, 2012, Wright Company sells office furniture for $16,000 cash. The office furniture originally cost $60,000. As of January 1, 2012, it had accumulated depreciation of $41,000. Depreciation for the first
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Unformatted text preview: six months of 2012 is $8,000. Prepare the journal entry to record depreciation expense up to the date of sale. Depreciation expense 8,000 Accumulated depreciation 8,000...
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This note was uploaded on 01/03/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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