Question: left is how it is supposed to be written out, quesion is both 101 101.) 12 14 15 A 34 Date hoty Account #19 Templat
101.) 12 14 15 A 34 Date hoty Account #19 Templat #10 Temp D Debit Debit Debit O t Credit Cre CH 100% Version 1 101) On April 1 of the current year, a company purchased and placed in service a machine with a cost of $240,000. The company estimated the machine's useful life to be four years or 60,000 units of output with an estimated salvage value of $60,000. During the current year, 12,000 units were produced 31 Prepare the necessary December 31 adjusting journal entry to record depreciation for the current year assuming the company uses: The straight-line method of depreciation h. The units of production method of depreciation The double-declining balance method of depreciation
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