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McClain has a truck that cost $15,000. Salvage value on the truck is $1,200 and the estimated useful life of the truck is 5 years.
McClain has a truck that cost $15,000. Salvage value on the truck is $1,200 and the estimated useful life of the truck is 5 years. Prepare the adjusting entry for the month of August. Include the date... omit the explanation. Show your work for all calculated numbers and label your numbers.
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