At the end of its first year, the trial balance of Carla Vista Co. shows Equipment $22,900 and zero balances in Accumulated Depreciation—Equipment and Depreciation Expense. Depreciation for the year is estimated to be $2,900. Prepare the adjusting entry for depreciation at December 31.
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At the end of its first year, the trial balance of Carla Vista Co. shows Equipment $22,900 and zero...
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