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According to the trial balance, Economy Small Engine Repairs property, plant and equipment balances as at December 3 1 , 2 0 2 3 were

According to the trial balance, Economy Small Engine Repairs property, plant and equipment balances as at December 31,2023 were as follows: AccountBalanceRepair equipment$6,000 Dr.Accumulated depreciation Repair equipment250 Cr.Computer equipment2,500 Dr.Accumulated depreciation computer equipment167 Cr. Based on your earlier estimates, the useful lives of the repair and computer equipment are 8 years and 5 years, respectively. ESERs policy is to record a full month of depreciation if an asset is used at any time during the month. So far in 2024, you have not recorded any journal entries related to ESERs property, plant and equipment.

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