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Describe the purchase of an item of Property, Plant and Equipment so that your peers can determine depreciation for that first year using both the

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Describe the purchase of an item of Property, Plant and Equipment so that your peers can determine depreciation for that first year using both the Straight-Line Method and the Units of Activity Method. Then describe the sale of that item at the end of it's life so that your peers can determine if there was a gain or loss on disposal

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