A restaurant has purchased a new electronic point-of-sale register. With adequate maintenance the machine could last 10
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A restaurant has purchased a new electronic point-of-sale register. With adequate maintenance the machine could last 10 years; however, with the rapid advance of technological improvements, it is expected that a newer register will be purchased within 5 years to replace the unit recently purchased.
For depreciation purposes, what would be the useful life of the machine?
Explain why.
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Related Book For
Hospitality Management Accounting
ISBN: 9780471092223
8th Edition
Authors: Martin G Jagels, Michael M Coltman
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