Prepare annual adjusting entry for depreciation at December

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Question - At the end of its first year, the trial balance of Carla Vista Company shows Equipment $34,600 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3,600. Prepare the annual adjusting entry for depreciation at December 31.

Reference no: EM133156384

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