Change in principle; change in depreciation methods
($ in 000s)
Year Straight Line Declining Balance Difference
2008 $ 400 $ 853 $ 453
2009 400 569 169
2010 400 379 (21 )
$ 1,200 $ 1,801 $ 601
Required:
(2)
Prepare any 2011 journal entry related to the change. (Enter your answers in dollars not in thousands. Use the declining balance provided in the question. Round youranswers to the nearest dollar amount. Omit the "$" sign in your response.)
General Journal Debit Credit
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