Business, 25.11.2021 05:40 mcckenziee

Moser, Inc, purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at the end of its estimated six year useful se. Straight-line depreciation has been recorded. Before adjusting the accounts for 2019, Moser decided that the useful fe of the equipment should be extended by three years and the salvage value decreased to 18.000 a. Prepare a journal entry to record depreciation expense on the equipment for 2019. Round your answer to the nearest dollar
b. What is the book value of the equipment at the end of 2019 (after recording the depreciation expense for 2019)?

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Moser, Inc, purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage v...

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