Krug Company's Accumulated Depreciation account has a $18, 500 balance to start the year. A...

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Krug Company's Accumulated Depreciation account has a $18, 500 balance to start the year. A review of schedules reveals that $20, 600 of depreciation expense must be recorded for the year. Determine what the current account balance equals. Determine what the current account balance should equal. Record the December 31 adjusting entry to get from step 1 to step 2

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