contestada

The following extract was taken from the worksheet of Special Events Bakers for the year 2019.
Special Events Bakers
Worksheet
December​ 31, 2019
Unadjusted Trial Balance Adjusted Trial Balance
Account Names Debit Credit Debit Credit
Cash $ 6,300 $6,300 
Equipment 15,600 15,600 
Accumulated Depreciation - Equipment  $7,700  $ 9,400
For the above​ information, determine the amount of Depreciation Expense for the equipment used in the business.

Respuesta :

Answer:

The amount of Depreciation Expense for the equipment used in the business is $1,700

Explanation:

In order to calculate the amount of Depreciation Expense for the equipment used in the business we would have to make the following calculation:

amount of Depreciation Expense for the equipment used in the business= Adjusted Trial Balance-Unadjusted Trial Balance

amount of Depreciation Expense for the equipment used in the business= $ 9,400-$7,700

amount of Depreciation Expense for the equipment used in the business= $1,700

The amount of Depreciation Expense for the equipment used in the business is $1,700