On January 1 Hawaiian Specialty urchased equipment life is

Last updated: 10/11/2023

On January 1 Hawaiian Specialty urchased equipment life is expected to be 4 400 The machine operated for 3 180 hours in the first year and the company expects the machine to operate for a total of 28 000 hours Record depreciation expense for each of the first two years using the straight line method If no entry is required for a particular transaction event select No Journal Entry Required in the first account field View transaction list Journal entry worksheet 2 Record the depreciation expense for the first year using the straight line method Note Enter debits before credits Date General Journal Debit Credit