Which is the appropriate adjusting journal entry to record, Accounting Basics

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Which is the appropriate adjusting journal entry to record

Problem

Equipment was purchased by Oriole Manufacturing on January 1, 2025, for $140000. Oriole's policy is to adjust its accounts at year-end. Which is the appropriate adjusting journal entry to record depreciation at year-end if the company expects to use the equipment for five years with no salvage value?

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Accounting Basics: Which is the appropriate adjusting journal entry to record

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