RECOMMENDED!!Equipment has a 10 year life without salvage value

  

The following is a partial unadjusted Trial Balance.Bravo UnlimitedUnadjusted Trial Balance (partial)1/31/16AccountsDebitCreditEquipment$21,000Accumulated Depreciation, Equipment$8,400Building168,000Accumulated Depreciation, Building16,800Equipment has a 10 year life without salvage value. It has been in use for four years. The building has a 40 year life without salvage value and has been in use for four years. Both are depreciated on a straight-line basis. Use this information to prepare the compound General Journal entry (without explanation) for the required end of the month adjustments. If no entry is required then write “No Entry Required.”

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