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11 a fixed asset, such as a computer, were purchased on January 1 for $2,204 with an estimated life of 4 years and a salvage
11 a fixed asset, such as a computer, were purchased on January 1 for $2,204 with an estimated life of 4 years and a salvage or residual value of s128, the journal entry for monthly expense under straight-line depreciation is On Depreciation Expense 519.00 Accumulated Depreciation 519.00 Ob Accumulated Depreciation 43.25 Depreciation Expense 43.25 Od Accumulated Depreciation 519.00 Depreciation Expense 519.00 Od. Depreciation Expense 43.25 Accumulated Depreciation 43.25
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