Let's go to the next one. Record depreciation expense on the truck and the equipment. Okay, record that the truck and the equipment, or both assets, we're using those assets, or the Garden Spot is using those assets to generate revenues each period. And the Mary Jo had purchased each of these, she felt like she would use the truck for five years and that she would use the equipment for five years. In accounting terms, that's sometimes called useful life or estimated useful life. And so what we want to do is we want to allocate the cost of the truck and allocate the cost of the equipment over the five years that Mary Jo expects to use those assets. So simply speaking, what we could do for the truck is we could take the $12,000 historical cost or original cost. Divide it by the estimated useful life. And record $2,400 of depreciation expense each year. And for the equipment, we could record. We could take the $10,000 original or historical cost. By that, by the five years, she expected to use the equipment, and we would need to record an expense of $2,000 on each of those five years. So let's do that. At this point, we'll record on left-hand side the retained earnings because we're recording an expense. And again, we're going to call that depreciation expense, because that's the official accounting term. It's a decrease of a total of $4,400. Now, I'm going to pause and say the depreciation expense is an official accounting term, but we could just as easily think of it as an expense to capture the cost of using the equipment. So it's important to recognize that that's what we're doing here. Then we're going to reduce the balance in the asset accounts to represent that we've used up some of that asset to help us generate revenues. We have two asset accounts. We have the truck, and we have the equipment. We're going to decrease the balance in each of those. We're going to decrease the balance in the truck account by the $2,400 of depreciation that we calculated for it, and we'll reduce the balance in the equipment account by the $2,000 in depreciation that we calculated for it. So you'll notice that the $4,400 here is equal to the total of the right side entries of $4,400 as well. Let's post these to the T account, the left-hand to the retained earnings, T account 4,400. We'll make a notation that it's associated with Entry 10, and we'll call it depreciation expense, or we'll note that it's depreciation expense. Then the reduction in the truck, the balance in the truck asset account will be on the right-hand side. We'll make a notation that's associated with Entry 10 and the reduction in the equipment account on the right-hand side, again, Entry 10. For good measure, we should make sure that after we've recorded this entry, that our accounting, or our balance sheet equation stays in balance. Let's check on this one just to make sure it does. Here we have, on the asset side, we have a decrease, and the balance of the truck account of $2,400. We have a decrease in the balance on the equipment account of $2,000, and we have a reduction in retained earnings, which is a reduction in owner's equity of $4,400. So the total here is a reduction in assets of $4,400, and the total on the right side is a reduction of $4,400. So both sides are both down by $4,400. So we can again be happy. I know you've missed this, we can be happy that we have an equation that's in balance. Our assets continue to be equal to liabilities plus owner's equity.