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I need straight line depreciation and double declining depreciation. These new machines were put into use on February 19, 2021. The 10 machines cost $80,000
I need straight line depreciation and double declining depreciation.
These new machines were put into use on February 19, 2021. The 10 machines cost $80,000 a piece; each machine has a salvage value of $9,000 and a useful life of 12 years.
Dont forget to prorate
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
