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Due: Friday, May 22, 2020 at 11:59 pm ABC incorporation decides to charge depreciation on its assets. The cost of its asset was 5100000. In

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Due: Friday, May 22, 2020 at 11:59 pm ABC incorporation decides to charge depreciation on its assets. The cost of its asset was 5100000. In year 1 it charged depreciation S 10000 and the same in year 2 But ABC has to suddenly wind up all its business. This at the end of year at sells its asset for 5 30000 only. Pass journal entre for year I and year 2 Posted today at 10:43

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