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At the end of its first year, the trial balance of Sunland Company shows Equipment...

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Accounting

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At the end of its first year, the trial balance of Sunland Company shows Equipment $22, 700 and zero balances in Accumulated Depreciation-Equipment and Depreciation Expense. Depreciation for the year is estimated to be $3, 100. (a) Prepare the adjusting entry for depreciation at December 31

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