Ask Question
6 November, 11:55

DogMart Company records depreciation for equipment. Depreciation for the period ending December 31 is $2,440 for office equipment and $6,230 for production equipment. Prepare the two entries to record the depreciation.

+3
Answers (1)
  1. 6 November, 12:52
    0
    The two journal entries to record the depreciation is shown below:

    On December 31

    Depreciation expense - office equipment $2,440

    To Accumulated depreciation - office equipment $2,440

    (Being the depreciation expense is recorded)

    On December 31

    Depreciation expense - production equipment $6,230

    To Accumulated depreciation - production equipment $6,230

    (Being the depreciation expense is recorded)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “DogMart Company records depreciation for equipment. Depreciation for the period ending December 31 is $2,440 for office equipment and ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers