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A machine costing $27,000 with a residual value of $2,000 is to be depreciated on a straight-line basis over 5 years. What is the adjusting

A machine costing $27,000 with a residual value

of $2,000 is to be depreciated on a straight-line basis

over 5 years. What is the adjusting entry [expense] for a full year of depreciation?


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