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Assume instead that the company used the double-diminishing-balance method to depreciate the cost of the equipment: What amount of depreciation would be recorded in
Assume instead that the company used the double-diminishing-balance method to depreciate the cost of the equipment: What amount of depreciation would be recorded in 2019 and 2020? 2019 2020 Depreciation expense $ $ eTextbook and Media List of Accounts What journal entries would be required to update the depreciation and record the sale of the equipment on October 1, 2021? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation: Oct 2021 Debit Oct. (To record depreciation) 2021 (To record sale of equipment): eTextbook and Media List of Accounts Save for Later Last saved 7 minutes ago. Saved work will be auto-submitted on the due date. Auto-submission can take up to 10 minutes. Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score2022/06/22 18:19 10% score reduction after attempt 2
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