Two fixed assets were purchased during 2020Office desk and chair for $1,900.44 on 4/9/2020 Office copier for
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Two fixed assets were purchased during 2020Office desk and chair for $1,900.44 on 4/9/2020 Office copier for $2,344.11 on 9/14/2020. Create the depreciation spreadsheet for each fixed asset using 150% MACRS. Depreciation (check figure: 2020 total yearly depreciation = 555.15) journal entries are recorded once a quarter - create the general journal entry for September 30, 2020
Expert Answer:
The 2019 depreciation deduction is 1126601 Description Cost 179 Expense MACRS Basis Current MACRS De... View the full answer
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