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In 2021, internal auditors discovered that PKE Displays, Inc, had debited an expense account for the $462000 cost of a equipment purchased on January 1,

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In 2021, internal auditors discovered that PKE Displays, Inc, had debited an expense account for the $462000 cost of a equipment purchased on January 1, 2018 The equipment's useful life was expected to be six years with no residual value. Straight ine depreciation is used by PKE. Ignoring income taxes, prepare the joumal entry PKE use to correct the ertor. (If no entry is required for a transaction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet

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