Question

anyone know accounting???

Answer 1

i could help whats the topic

Answer 2

Here I will paste it:

Answer 3

Adjustment for Depreciation
LaGarde Company has a machine that it purchased for $125,000 on January 1. Annual depreciation on the machine is estimated to be $14,500.

Answer 4

Prepare the adjusting entry needed at the end of the year.

Answer 5

Accumulated Depreciation 14,500 (debit)
^I got this one right, but I need to know what to credit

Answer 6

The income stament rite

Answer 7

I need one debit and one credit
What is the credit?

Answer 8

Depreciation

Answer 9

u have to credit that

Answer 10

ohh gotcha, let me try it and see what I get

Answer 11

there is the format

Answer 12

I tried crediting Depreciation Expense and it said it was wrong

Answer 13

I also tried crediting accumulated depreciation

Answer 14

is that the only information u have i mean the question

Answer 15

no any other additional information

Answer 16

yes. that is all that is given to you

Answer 17

yes i got i

Answer 18

https://www.google.mv/search?q=depreciation+account+format&espv=2&biw=1440&bih=799&tbm=isch&tbo=u&source=univ&sa=X&ei=ej67U-rsCNHioASO44LgCw&sqi=2&ved=0CCQQsAQ#facrc=_&imgdii=_&imgrc=oP_KDxb6kOjt4M%253A%3BO7oIcHEP7-esIM%3Bhttp%253A%252F%252Fimages.flatworldknowledge.com%252Fheisinger%252Fheisinger-fig12_x015.jpg%3Bhttp%253A%252F%252Fcatalog.flatworldknowledge.com%252Fbookhub%252Freader%252F4402%253Fe%253Dheisinger_1.0-ch12_s04%3B1553%3B551

Answer 19

is that the format