Question

Assume, you have joined in a firm as an accountant and you are required to give some
adjustments after preparing of trial balance. You found that your fixed asset value is
$50,000 which has an estimated life time of 5 years and its purchasing date is starting
of the year 2010.
If you are doing adjustments on mid of the year (exactly after six months) what will you record as entry?

Answer 1

100 500 000 it very useful thank and like it plz

Explanation:

50 000× 2010