Equipment listed on a spreadsheet has a cost of ($ 60,000); this amount is located in cell

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Equipment listed on a spreadsheet has a cost of \(\$ 60,000\); this amount is located in cell B9. The years of the asset's useful life (20) are found in cell C8. Write the spreadsheet formula to express annual depreciation expense for the equipment. How much is annual depreciation? 

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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