Wardell Company purchased a mini computer on January 1,2022, at a cost of $32,350. The...
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Accounting
Wardell Company purchased a mini computer on January at a cost of $ The computer has been depreciated using the straightline method over an estimated fiveyear useful life with an estimated residual value of $ On January the estimate of useful life was changed to a total of years, and the estimate of residual value was changed to $
Required:
Prepare the appropriate adjusting entry for depreciation in to reflect the revised estimate.
Prepare the appropriate adjusting entry for depreciation in to reflect the revised estimate, assuming that the company uses the sumoftheyears'digits method instead of the straightline method.
Required
Prepare the appropriate adjusting entry for depreciation in to reflect the revised estimate.
Note: If no entry is required for a transactionevent select No joumal entry required" in tho first account field. Round your final answers to nearest whole dollar.
Journal entry worksheet
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