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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 were as follows: AccountBalanceRepair equipment$ DrAccumulated depreciation Repair equipment CrComputer equipment DrAccumulated depreciation computer equipment Cr Based on your earlier estimates, the useful lives of the repair and computer equipment are years and 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 you have not recorded any journal entries related to ESERs property, plant and equipment.
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