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1 TFW. 9:15 PM Chapter 9 Activity 1 Fall 2020.doc On September 1, 2019 Madison Co. purchased office equipment for $15,000 cash. The estimated useful

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1 TFW. 9:15 PM Chapter 9 Activity 1 Fall 2020.doc On September 1, 2019 Madison Co. purchased office equipment for $15,000 cash. The estimated useful life is 4 years with a salvage value of $1,200. . Journalize the purchase of the equipment and the depreciation expense for 2019. Date AccountsRef Debit Credit 7

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