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Carla Vista Ltd . purchased a piece of equipment on January 1 , 2 0 2 4 , for $ 5 2 , 4 0

Carla Vista Ltd. purchased a piece of equipment on January 1,2024, for $52,400. At the time, management determined that the
equipment would have a 4-year useful life and a residual value of $5,600. Carla Vista uses the double-diminishing-balance
depreciation method for its equipment, and the company has a December 31 year end. (Record entries in the order displayed in the
problem statement. 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 0 for the amounts. List all debit entries before credit entries.)
Date
Account Titles and Explanation
Debit
Credit
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