At the end of the first year, Leo would record depreciation expense of $2,000 by debiting the expense account and crediting the accumulated depreciation account. Since the accumulated account is a balance sheet account, it is not closed at the end of the year and the $2,000 balance is rolled to the next year.
When the founders of New Hampshire came up with the motto Live Free or Die, they didn't leave a lot of wiggle room, he said to a crowd in Milford's town hall in his first New Hampshire appearance since announcing his run for president. New Hampshire founders didnât seek out the mushy middle.
On to state rock. About the state motto. âShe Flies With Her Own Wingsâ was adopted by the 1987 Legislature as the Oregon state motto. The phrase originated with Judge Jessie Quinn Thornton and was pictured on the territorial seal in Latin: Alis Volat Propriis. The new motto replaces âThe Union,â which was adopted in 1957.