Question
An office suite is purchased for $4,211.55 on March 14. 2021. The depreciation entries are recorded at the end of each month. The useful life
An office suite is purchased for $4,211.55 on March 14. 2021. The depreciation entries are recorded at the end of each month. The useful life of the office suite is 3 years with a salvage value of $1,211.77.
Using GAP and the double-declining method, what will be the general journal entry to record the depreciation on April 30, 2022?
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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