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Routine repairs on the equipment 900 The equipment is being depreciated on a straight-line...

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Accounting

Routine repairs on the equipment
900
The equipment is being depreciated on a straight-line basis over an estimated life of 19 years with a $11,000 estimated residual value.
The annual accounting period ends on December 31.
Required:
Indicate the effects of the following on the accounting equation.
Note: Enter decreases to account categories as negative amounts and do not round your intermediate calculations.
The adjustment for depreciation at the end of last year.
The two expenditures during the current year for (a) the major overhaul of the equipment and (b) repairs and maintenance.
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