Question

Bramble Corporation owns machinery that cost $34,400 when purchased on January 1, 2023. Depreciation has been recorded at a rate of $5,160 per year, resulting in a balance in accumulated depreciation of $10,320 at December 31, 2024. The machinery is sold on September 1, 2025, for $22,640. (a) Prepare the journal entry to update depreciation for 2025. (Credit account titles are automatically indented when the 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. List debit entry before credit entry.) Date Account Titles and Explanation September 1, 2025 eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer

          Bramble Corporation owns machinery that cost $34,400 when purchased on January 1, 2023. Depreciation has been recorded at a rate of $5,160 per year, resulting in a balance in
accumulated depreciation of $10,320 at December 31, 2024. The machinery is sold on September 1, 2025, for $22,640.
(a)
Prepare the journal entry to update depreciation for 2025. (Credit account titles are automatically indented when the 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. List debit entry before credit entry.)
Date
Account Titles and Explanation
September 1, 2025
eTextbook and Media
List of Accounts
Save for Later
Debit
Credit
Attempts: 0 of 3 used Submit Answer

Bramble Corporation owns machinery that cost 34,400 when purchased on January 1, 2023. Depreciation has been recorded at a rate of5,160 per year, resulting in a balance in
accumulated depreciation of 10,320 at December 31, 2024. The machinery is sold on September 1, 2025, for22,640.
(a)
Prepare the journal entry to update depreciation for 2025. (Credit account titles are automatically indented when the 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. List debit entry before credit entry.)
Date
Account Titles and Explanation
September 1, 2025
eTextbook and Media
List of Accounts
Save for Later
Debit
Credit
Attempts: 0 of 3 used Submit Answer

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