Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

تمرين 83

(Supplement 9B) Determining Financial Statement Effects of a Change in Estimate
Refer to E9-4.
Required:
1. Indicate the effects (accounts, amounts, and + or -) of the 2013 adjustment for depreciation of the manufacturing equipment, assuming no change in the estimated life or residual value. Show computations.

2. Give the adjusting entry that should be made at the end of 2013 for depreciation.