On January 1, a company purchased equipment that cost $10,000. The company has not yet recorded depreciation, which is estimated at $1,800 per year. The company will prepare financial statements at the end of January. Complete the necessary adjusting entry by selecting the account names and dollar amounts from the drop-down menus.
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On January 1, a company purchased equipment that cost $10,000. The company has not yet recorded depr...
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