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(a) Compute the revised annual depreciation on each asset in 2014 (b) Prepare the entrie(s) to record depreciation on the building in 2014. June 30th:
(a) Compute the revised annual depreciation on each asset in 2014
(b) Prepare the entrie(s) to record depreciation on the building in 2014.
June 30th: "Sold a computer that was purchased on January 1, 2011. The computer cost $40,000. It has a useful life of 5 years with no salvage value. The computer was sold for $14,000."
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