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The correct option is A. $1,650
The amount of the depreciation expense adjustment for the month of August is $1,650.
What is Adjusted Trial Balance?
Adjusted trial balance is used after all the adjustments have been made to the journal. The adjusted kind, on the other hand, is used when adjusting the two sides of the ledger – the debit and credit.
What is Unadjusted Trial Balance?
An unadjusted trial balance is basically used before all the adjustments will be made. While an unadjusted trial balance is used when the entries are not yet considered final in a certain period.
What is Adjusting Entry?
The adjusting entry for a depreciation expense involves debiting depreciation expense and crediting accumulated depreciation. This is shown below.
The depreciation expense appears on the income statement like any other expense. The accumulated depreciation is a contra asset account; it is shown as a deduction from the cost of the related asset in the balance sheet.
Hence, Based on the information given :
Amount of the Depreciation for the month of August =$7,600 - $5,950 = $1,650
Your question is incomplete, but most probably your full question was:
The amount of the depreciation expense adjustment for the month of August-
A. $1,650
B. $7,600
C. amount can not be determined
D. $5,950
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