Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciation-Equipment account of $200,000. The depreciation expense for the year was $30,000. At the end of the year, the balance in the Accumulated Depreciation-Equipment account was $140,000.
Required:
1. Compute the debit to Accumulated Depreciation for the year.
2. What would cause Tom's Roadside Burger Stand to debit Accumulated Depreciation-Equipment?

Question

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The Answer of Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciation-Equipment account of $200,000. The depreciation expense for the year was $30,000. At the end of the year, the balance in the Accumulated Depreciation-Equipment account was $140,000.
Required:
1. Compute the debit to Accumulated Depreciation for the year.
2. What would cause Tom's Roadside Burger Stand to debit Accumulated Depreciation-Equipment?

Tom's Roadside Burger Stand Has a Beginning Balance in the Accumulated