21 Juan Foods purchases a computer system in 2025 for $20,000. Its expected useful life is 5 years. At the end of 2025, it has to record depreciation on the computer system of $2,000.
What is the correct journal entry to record the depreciation?
21 Juan Foods purchases a computer system in 2025 for $20,000. Its expected useful life is 5 years. At the end of 2025, it has to record depreciation on the computer system of $2,000.
What is the correct journal entry to record the depreciation?
