Question

Journal entries for the following provide deprecation on furniture $ 500 and on machinery $ 2000

Answer 1

deprecation a/c Dr 2500$ To furniture 500$ To machincy 2000$ ( naration being deprication been made on the assest )

Answer 2

depreciation a/c  $2500

on furniture a/c $500

on machinary a/c $2000

So total is $2500 . $2000 for machine and $500 for  furniture

hope it helps

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