P3-5B On November 1, 2012, the account balances of Robinson Equipment Repair were as follows. No. Debits No. Credits $ 2,400 201 154 Accumulated Depreciation-Equipment $ 2,000 2.600 101 Cash Aocounts Receivable 4.250 Accounts Payable 112

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter3: Basic Accounting Systems: Accrual Basis
Section: Chapter Questions
Problem 3.23E: Adjustment for depreciation The estimated amount of depredation on equipment for the current year is...
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P3-5B On November 1, 2012, the account balances of Robinson Equipment Repair were as
follows.
No.
Debits
No.
Credits
$ 2,400
201
154 Accumulated Depreciation-Equipment $ 2,000
2.600
101 Cash
Aocounts Receivable
4.250
Accounts Payable
112
Transcribed Image Text:P3-5B On November 1, 2012, the account balances of Robinson Equipment Repair were as follows. No. Debits No. Credits $ 2,400 201 154 Accumulated Depreciation-Equipment $ 2,000 2.600 101 Cash Aocounts Receivable 4.250 Accounts Payable 112
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