Question: Equipment costing $ 1 9 , 2 0 0 with a 8 - year useful life and an estimated $ 3 , 2 0 0

Equipment costing $19,200 with a 8-year useful life and an estimated $3,200 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 4,000 units of product during its life. It produced 600 units in the first year.
QS 8-8(Algo) Recording depreciation journal entries LO P1
Record the journal entries for equipment depreciation for the first year under straight-line, units-of-production, and double-decliningbalance.
Equipment costing $19,200 with a 8-year useful life and an estimated

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