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Marigold's Quik Shop bought machinery for $86000 on January 1, 2017. Marigold estimated the useful life to be 5 years with no salvage value, and
Marigold's Quik Shop bought machinery for $86000 on January 1, 2017. Marigold estimated the useful life to be 5 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2018, Marigold decides that the business will use the machinery for a total of 6 years. What is the revised depreciation expense for 2018? O $ 6880 O $12200 $13760 $17200 Waterway Company developed the following reconciling information in preparing its September bank reconciliation: $24200 12100 Cash balance per bank, 9/30 Note receivable collected by bank Outstanding checks Deposits in transit Bank service charge NSF check 13000 7800 210 2320 Determine the cash balance per books (before adjustments) for Waterway Company. 59430. O $4370 O $10330 O $19000
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