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Describe how to apply Straight - Line Depreciation, Declining Balance Depreciation, Double Declining Balance Depreciation, and Sum - of - the - Years' Digits Depreciation

Describe how to apply Straight-Line Depreciation, Declining Balance Depreciation, Double Declining Balance Depreciation, and Sum-of-the-Years' Digits Depreciation methods and include examples of calculations and journal entries used for each method.
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