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Dep Company F has a fixed asset with a useful life of 5 years and a residual value of 8 original cost of $152,000 and
Dep Company F has a fixed asset with a useful life of 5 years and a residual value of 8 original cost of $152,000 and the company's land had an $22,000. The asset had an original cost of $750,000. What is the adjusting entry to record annual depreciation under the straight-line method? Depreciation Expense S a 30,400 Fixed Asset 30,400 Depreciation Expense Accumulated Depreciation Depreciation Expense Accumulated Depreciation Accumulated Depreciation Depreciation Expense b. 180,400 180,400 26,000 C. 26,000 d. 176,000 176,000
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