Solution-What would be journal entry to record depreciation

What would be journal entry to record depreciation expense

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Question - A company purchased a piece of equipment for $250,000 on March 1, 2021. The estimated useful life is 10 years with a salvage value of $10,000 at the end of the 10-year period. The company uses the straight-line depreciation method. What would be the journal entry to record depreciation expense for the month of March 2021?

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What would be journal entry to record depreciation expense

Reference no: EM133163304

Reference no: EM133163304

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