The estimated amount of depreciation on equipment for the current year is $6,880. Journalize the adjusting entry to record the depreciation. The estimated amount of depreciation on equipment for the...

The estimated amount of depreciation on equipment for the current year is $6,880. Journalize the adjusting entry to record the depreciation.

The estimated amount of depreciation on equipment for the current year is $7,700. Journalize the adjusting entry to record the depreciation.