For financial reporting, Kumas Poultry Farms has used the declining-balance method of depreciation for conveyor...
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For financial reporting, Kumas Poultry Farms has used the decliningbalance method of depreciation for conveyor equipment acquired at the beginning of for $ Its useful life was estimated to be six years with a $ residual value. At the beginning of Kumas decides to change to the straightline method. The effect of this change on depreciation for each year is as follows: Required: Prepare any journal entry related to the change. Note: Enter you answers rounded to the nearest dollar. If no entry is required for a transactionevent select No journal entry required" in the first account field. 
For financial reporting, Kumas Poultry Farms has used the decliningbalance method of depreciation for conveyor equipment acquired
at the beginning of for $ Its useful life was estimated to be six years with a $ residual value. At the beginning
of Kumas decides to change to the straightline method. The effect of this change on depreciation for each year is as follows:
Required:
Prepare any journal entry related to the change.
Note: Enter you answers rounded to the nearest dollar. If no entry is required for a transactionevent select No journal entry
required" in the first account field.
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