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Assume a company purchased a truck for $20,000 on January 1, 2017. The truck has a useful life of 5 years and an expected salvage

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Assume a company purchased a truck for $20,000 on January 1, 2017. The truck has a useful life of 5 years and an expected salvage value of $4,000. The 2017 adjusting journal entry would include (choose two accounts and one amount). O Dr. Truck expense O Cr. Truck expense Dr. Depreciation expense Cr. Depreciation expense O Dr. Accumulated depreciation O Cr. Accumulated depreciation O $3,200 O $4,000 O $16,000 O $20,000

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