Question: Problem: The Bell Company bought a laser printer for $20,000 on April 1,2023 . It had a useful life of 3 years or 1,000,000 pages

Problem: The Bell Company bought a laser printer for $20,000 on

Problem: The Bell Company bought a laser printer for $20,000 on April 1,2023 . It had a useful life of 3 years or 1,000,000 pages of printing and a residual value at the end of its life of $5,000. The company's year-end is December 31. The printer printed 645,000 pages in 2023 and 400,000 pages in 2024. Instructions: Prepare the adjusting journal entry to record depreciation expense for 2023 and 2024 using the straight-line, double diminishing-balance, and units-of-production methods

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