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a. Prepare journal entries to record the following for 2014: i. Depreciation expense ii. Capital expenditures iii. Disposal of property, plant, and equipment iv. Repair

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a. Prepare journal entries to record the following for 2014: i. Depreciation expense ii. Capital expenditures iii. Disposal of property, plant, and equipment iv. Repair and maintenance costs v. Impairments and write-downs (Assume that impairments and write-downs reduce the property and equipment account, rather than increasing accumulated depreciation.)

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