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Help please Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $45,000 on January 1, 2013. The truck is expected to have a
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Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $45,000 on January 1, 2013. The truck is expected to have a $a Irons uses the straight-line method of depreciation. 2013. The truck is expected to have a $3,000 residual value at the end of its 5-year useful life. Required Hide Prepare the journal entry to record depreciation expense for 2013 and 2014. 2013 Dec. 31 (Record straight-line depreciation expense) 2014 Dec. 31 Record straight-line depreciation expense)
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