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Alba Company purchased $20,000 of equipment on March 1, 2019. The equipment is expected to have a useful life of five years and a residual

Alba Company purchased $20,000 of equipment on March 1, 2019. The equipment is expected to have a useful life of five years and a residual value of $2.000 at the end of that time. Required: Prepare the adjusting journal entry to record the depreciation expense as of December 31, 2019. Show your calculations Essay Toolbar navigation BI V S EE311AA2

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