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H3Ko H3Ko
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7 years ago
The following extract was taken from the worksheet of Kelly Bakers for the year 2016.

   Kelly Bakers
   Worksheet
   December 31, 2016

Account Names
Cash
Equipment
Accumulated Depreciation - Equipment   Unadjusted Trial Balance
Debit              Credit
$6,900                         
16,000                           
                           $8,200   Adjusted Trial Balance
Debit              Credit
$6,900                         
16,000                           
                           $9,200

For the above information, determine the amount of Depreciation Expense for the equipment used in the business.
A) $2,300
B) $6,800
C) $1,000
D) $9,200
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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