Machinery costing 90,000 with an estimated salvage value of $6,000 and an estimated life of 4 years
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Question:
Machinery costing 90,000 with an estimated salvage value of $6,000 and an estimated life of 4 years was purchased on October 31, 2001. using the straight line depreciation method, what is the amount of depreciation expense to be recorded at December 31, 2001?
Related Book For
Integrated Accounting
ISBN: 978-1285462721
8th edition
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
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