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General Accounting Discussions: adjusting entry to record depriciation expense (journal)

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    • CommentAuthorHena
    • CommentTimeNov 7th 2009
     
    I have a question
    Dec 31. Law firm of rodenberry & associates made a year end adjusting entry to record depriciation expense on the firm's law library, $ 5,100

    Dec 31. made adjusting entry to recognize as expense the cost of supplies used during the fourth quarter of the firm's fiscal year, $ 3,750 ( supplies are purchased in bulk and recorded as assets when purchased)

    I have to prepare journal to record transaction but i don't know how to enter these transactions :-(
    because i have no idea what is adjusting entry, depriciation expense and how to enter these in journal.

    Please solve this problem

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