Answer:
I'd say A!
Explanation:
hope this helps! sorry if it's wrong
The correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.
What is a depreciation?
In accounting, this refers to the monetary value of an asset that decreases over time due to use, wear, tear etc.
As we are given that the estimated amount of depreciation on office equipment for the current year is $3,500, then, the correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.
Read more about depreciation
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Answer:
D.whene the fed buys Treasury bonds,there are more bonds on
Answer:
$52,000 Increase
Explanation:
In the cash flow from operating activities only those transactions are listed which involves actual exchange of cash. When a company writes off some of account receivable it has not recorded as bad debt expense. When the company is confirmed about the uncollectible amounts then the company will write off the uncollectible amounts. These will be then adjusted in the net income to calculate net cash flow from operating activities.
