Sesame Company purchased a computer system (equipment) for


Question Description:

24.99

Sesame Company purchased a computer system (equipment) for $64,600 on January 1, 2013. It was depreciated based on a 7-year life and an $18,750 salvage value. On January 1, 2015, Sesame revised these estimates to a total useful life of 4 years and a salvage value of $10,880. Prepare Sesame‚Äôs entry to record 2015 depreciation expense.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit

Answer

24.99