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A company purchased a machine on August 1, 2021, for $470,000. It is being depreciated straight line with a useful life of 6 years

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A company purchased a machine on August 1, 2021, for $470,000. It is being depreciated straight line with a useful life of 6 years and a salvage value of $20,000. Prepare the 2021 year-end adjusting entry. Essay Toolbar navigation. I U = = = < A **

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