Determine the adjustment for the month ended january 31, Accounting Basics

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Determine the adjustment for the month ended january 31

Determine the account and amount to be debited and the account and amount to be credited for the following adjustment. Equipment purchased for $104,000 on January 3, 2011 has an estimated life of 5 years and an estimated salvage value of $9,000. The firm uses the straight-line method of depriciation. Determine the adjustment for the month ended January 31, 2011

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Accounting Basics: Determine the adjustment for the month ended january 31

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