Salem inc. purchased a van on January 1, 2024 for $1,330,000. Estimated life of the van is

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Salem inc. purchased a van on January 1, 2024 for $1,330,000. Estimated life of the van is 10 years. Estimated residual life of the van is $80,000. Salem used the straight line method. Prepare the journal entry to record the depriciation expense for 2024 on the van.0

Posted Date: May 18, 2024 10:12 AM

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Salem inc. purchased a van on January 1, 2024 for $1,330,000. Estimated life of the van is

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