Question: Refer to the data in Starter 3-8. 1. Using T-accounts, post to the accounts listed in Starter 3-8 and show their balances at May 31.

Refer to the data in Starter 3-8.
1. Using T-accounts, post to the accounts listed in Starter 3-8 and show their balances at May 31.
2. What is the computer equipment's book value at May 31?
In Starter 3-8
On May 1 your company paid cash of $27,000 for computers that are expected to remain useful for three years. At the end of three years, the value of the computers is expected to be zero.

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