Answer the following How do you think Lila got the information on the useful life of Stans bake oven and the estimate for its residual value Why do you think she gets her information from this particular source If Stan uses a straightline method of depreciation and Stans bake oven has a residual value of 1000 how much depreciation will he account for each year and what would the adjustment be for each month Explain since good accounting practices and data makes it possible for business owners to

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I believe Lila obtained the information on Stans bake ovens useful life and an estimate of its residual value from an IRS chart that clearly specifies ... View the full answer