At the end of its first year, the trial balance of Denton company shows equipment...
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Accounting
At the end of its first year, the trial balance of Denton company shows equipment $30,000 and zero balances in Accumulated Depreciaiton- Equipment and Depreciation Expense. Deprecation for the year is estimated to be $5,000. Prepare the adjusting entry for depreciation at December 31.
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