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19 Not yet answered Time left 0:48:17 XYZ company purchased a new machine on July 1, 2021, at a cost of 50,000. The company estimated
19 Not yet answered Time left 0:48:17 XYZ company purchased a new machine on July 1, 2021, at a cost of 50,000. The company estimated that the machine will have a residual value of 10,000. The machine is expected to be used for 10,000 working hours during its 5-year life. After 6 months, it has been used for 2500 hours and company decides to sell it for 55000. No depreciation has been recorded for the machine. on disposal is and the journal entry would require a debit entry of to depreciation expense. Marked out of 5.00 The Flag question 10000 5000 gain loss 45000
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