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Business, 11.12.2019 00:31 TroyClegg

Be4-5 at the end of its first year, the trial balance of rayburn company shows equipment $22,000 and zero balances in accumulated depreciation—equipment and depreciation expense. depreciation for the year is estimated to be $2,750. prepare the annual adjusting entry for depreciation at december 31, post the adjustments to t-accounts, and indicate the balance sheet presentation of the equipment at december 31.

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Be4-5 at the end of its first year, the trial balance of rayburn company shows equipment $22,000 and...
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