In 2025, Carla Corporation discovered that equipment purchased on January 1,2023, for $52,000 was expensed...
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In Carla Corporation discovered that equipment purchased on January for $ was expensed at that time. The equipment should have been depreciated over years, with no salvage value. The effective tax rate is Prepare Carla's journal entry to correct the error. Carla uses straightline depreciation. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List all debit entries before credit entries. Account Titles and Explanation Debit Credit 
In Carla Corporation discovered that equipment purchased on January for $ was expensed at that time. The
equipment should have been depreciated over years, with no salvage value. The effective tax rate is
Prepare Carla's journal entry to correct the error. Carla uses straightline depreciation. Credit account titles are automatically
indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the
amounts. List all debit entries before credit entries.
Account Titles and Explanation
Debit
Credit
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