Problem

(Supplement) Recording a Change in EstimateRefer to E8-5.Required:Give the adjusting entry...

(Supplement) Recording a Change in Estimate

Refer to E8-5.

Required:

Give the adjusting entry that should be made by Nasoff Company at the end of 2011 for depreciation of the manufacturing equipment, assuming no change in the original estimated life or residual value. Show computations.

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