Century Security Services Purchased New Communications Equipment for $30,000 on October

question 118

Essay

Century Security Services purchased new communications equipment for $30,000 on October 1,2012.It will have a useful life of 5 years.Century records depreciation every month.Please provide the depreciation entry needed on October 31,2012.
$$\begin{array} { | l | r | r | } \hline \quad\quad\quad&\quad&\quad \\\hline \\\hline\end{array}$$

---

Definitions:

Exercise Time

Designated periods dedicated to physical activities aimed at improving health and fitness.

Loved Ones

Term that refers to people who hold a special place in one's heart, typically family members, significant others, or close friends.

Psychologist's

Pertaining to psychologists, who are professionals specializing in diagnosing and treating mental and emotional disorders.

Major Types

Broad categories or classifications within any given subject or system based on common characteristics.