Accumulated depreciation equipment debit 29000 to

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Accumulated Depreciation-Equipment.Debit $29,000 to Depreciation Expense, and credit $29,000 toEquipment.
5 pointsQuestion 51.If a company is using accrual basis accounting, when should it recordrevenue?
5 pointsQuestion 61.ABC Tax Planning Service started business in January 2018. Thecompany rented an office for $1,800 per month starting from January 1,2018. On that day, ABC prepaid the rent through June 30. The companymakes adjusting entries at the end of each month. What is the balance in thePrepaid Rent account as of April 30, 2018?
5 pointsQuestion 71.Which of the following statements is TRUE of accrual basis accounting?
5 pointsQuestion 81.Anthony Delivery Service has a weekly payroll of $34,000. December31 falls on Tuesday and Anthony will pay its employees the following Monday(January 6) for the previous full week. Assume that Anthony has a five-dayworkweek and has an unadjusted balance in Salaries Expense of $925,000 atDecember 31. What is the December 31 balance of Salaries Expense afteradjusting entries are recorded and posted?$925,000$959,000$945,400$938,600
5 points

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