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Current Attempt in Progress Quigley Co . bought a machine on January 1 , 2 0 2 0 for $ 8 7 5 , 0
Current Attempt in Progress Quigley Co bought a machine on January for $ It had a $ estimated residual value and a tenyear life. An expense account was debited on the purchase date. Quigley uses straightline depreciation. This was discovered in Prepare the entry or entries related to the machine for If no entry is required, select No entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, eg Account Titles and Explanation Debit Credit To correct the error To record depreciation expense
Current Attempt in Progress
Quigley Co bought a machine on January for $ It had a $ estimated residual value and a tenyear life. An expense account was debited on the purchase date. Quigley uses straightline depreciation. This was discovered in
Prepare the entry or entries related to the machine for If no entry is required, select No entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, eg
Account Titles and Explanation
Debit
Credit
To correct the error
To record depreciation expense
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