1, You make adjusting journal entries for the month of January as
1, You make adjusting journal entries for the month of January as needed. (Start with Jour- nal no. Jan23.1.) You carefully consider the following: ● Math Revealed! used the straight-line method to determine depreciation expense for all fixed assets. ■ Monthly depreciation expense for the equipment purchased prior to 12/31 is $92.50. (Computer $75; Printer…