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A company purchased factory equipment on April 1,2022. for $132000. it is estimated that the equipment will have a $12000 salvage value at the end
A company purchased factory equipment on April 1,2022. for $132000. it is estimated that the equipment will have a $12000 salvage value at the end of its 10 year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31.2022 is $9900. $13200 59000. $12000 Deposits in transit have been recorded on the compary's books but not yet by the bank. have been recorded by the bank but not yet by the company. have not been recorded by the bank or the company. are customers' checks that have not yet been received by the company. A company purchased factory equipment on April 1,2022. for $132000. it is estimated that the equipment will have a $12000 salvage value at the end of its 10 year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31.2022 is $9900. $13200 59000. $12000 Deposits in transit have been recorded on the compary's books but not yet by the bank. have been recorded by the bank but not yet by the company. have not been recorded by the bank or the company. are customers' checks that have not yet been received by the company
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