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given equipment cost $100,000 life 4years method of depreciation double declining balance record the entry when purchased if the equipment was purchased for cash cash
given equipment cost $100,000
life 4years
method of depreciation double declining balance
record the entry when purchased if the equipment was purchased for cash
cash I
the equipment is used for 6years and the disposed
record the entry for this transaction
cashII
the equipment is sold at the end of 3years for $15,000
record the entry for this transaction
cashII
the equipment is solf at the end of 3years for $15,000
record the entry for this transaction
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