Current Attempt in Progress At the end of its first year, a tabular summary of...

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Accounting

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Current Attempt in Progress At the end of its first year, a tabular summary of transactions for Wildhorse Co. before adjustments include the following selected account information. Assets Liabilities + Accumulated Depreciation--Equipment 0 Com. Stock Stockholders' Equity Exp. Rev. (Depreciation) 0 + Equipment 26,400 Div. Bal. Depreciation for the year is estimated to be $3,300. Record the adjustment for depreciation in the tabular summary and indicate the adjusted balance in each account. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced.) Assets Liabilities Accumulated Com Equipment Depreciation-Equipment Stock Bal. 26,400 0 Dec. 31 Adj. Bal. 1 e Textbook and Media Current Attempt in Progress At the end of its first year, a tabular summary of transactions for Wildhorse Co, before adjustments include the following selected account information Liabilities + Assets Accumulated Equipment - Depreciation-Equipment 26,400 0 Com Stock Stockholders' Equity Exp. Rev. (Depreciation) 0 - Div. Bal Depreciation for the year is estimated to be $3,300. Record the adjustment for depreciation in the tabular summary and indicate the adjusted balance in each account. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Com Exp. Stock (Depreciation) Rev. Div 0

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