Homework Answers
1.
| Account Titles | Debit | Credit | |
| a) | Machinery | 93600 | |
| Cash | 14400 | ||
| Notes payable | 79200 | ||
| b) | Depreciation expense - Machinery | 2400 | |
| Accumulated depreciation - machinery | 2400 | ||
| [(93600-7200)/6 * 2/12] | |||
| c i. | Depreciation expense - Machinery | 7200 | |
| Accumulated depreciation - machinery | 7200 | ||
| [(93600-7200)/6 * 6/12] | |||
| cii. | Cash | 81600 | |
| Accumulated depreciation - machinery | 9600 | ||
| Loss on disposal | 2400 | ||
| Machinery | 93600 | ||
| Ciii | Notes payable | 79200 | |
| Cash | 79200 |
Hi not sure if the first image and second image are related. Thank you!
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Part B காண்பமைமாமார் மHMIR Question 1 Se vad - 9231979 m2016 Prepare journal entries for the...
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