The following extract was taken from the worksheet of Kelly
The following extract was taken from the worksheet of Kelly Bakers for the year 2016 Kelly Bakers Worksheet December 31, 2016 Unadjusted Trial Balance Adjusted Trial Balance Debit $6,300 15,300 t Names Credit Credit Cash Equipment Accumulated Depreciation Equipment Debit $6,300 15,300 $8,300 $9,100 For the above information, determine the amount of Depreciation Expense for the equipment used in the business O A. $800 O B. $9,100 O C. $6,200 O D. $2,800
Solution
Calculate depreciation expense :
Depreciation expene = Adjusted trial balance accumlated dep-Unadjusted trial balance accumlated dep
= 9100-8300
Depreciation expense = 800
So answer is a) $800
