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Take me to the text Gravel Inc. purchased a piece of heavy equipment on March...

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Accounting

Take me to the text Gravel Inc. purchased a piece of heavy equipment on March 1, 2022, for $140,400. The useful life of the equipment is estimated to be 9 years, at which time the company expects it to be worthless. Prepare the adjusting entry on December 31, 2022, to record the equipment's depreciation using the straight-line depreciation method. Do not enter dollar signs or commas in the input boxes. Round your answer to the nearest whole number. Date 2022 Dec 31 Check Account Title and Explanation Depreciation Expense Accumulated Depreciation = To record depreciation of the equipment Debit 15600 x Credit X Mut Your ADATA > Qu
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Take me to the text Gravel inc. purchased a piece of heavy equipment on March 1, 2022, for $140,400. The useful life of the equipment is estimated to be 9 years, at which time the company expects it to be worthless. Prepare the adjusting entry on December 31 , 2022, to record the equipment's depreciation using the straight-line depreciation method. De not enter dollarsigns or commas in the input boxes. Round your answer to the nearest whole number

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