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need journal entries for all 3 Required information Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions
need journal entries for all 3
Required information Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions displayed below.) Equipment costing $19,200 with a 8-year useful life and an estimated $3,200 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 4,000 units of product during its life. It produced 600 units in the first year QS 10-8 (Algo) Recording depreciation journal entries LO P1 Record the journal entries for equipment depreciation for the first year under straight line, units-of-production, and double-declining- balance View transaction flot Journal entry worksheet A Record depreciation for the first year under straight-line. Note: Enter debits before credits or 2 Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below) Equipment costing $19,200 with a 8-year useful life and an estimated $3,200 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 4,000 units of product during its life. It produced 600 units in the first year ON ht QS 10-8 (Algo) Recording depreciation journal entries LO P1 Record the journal entries for equipment depreciation for the first year under strolghtline, units-of production, and double-declining balance nces View transaction llet Journal entry worksheet Record depreciation for the first year under units-of-production Note: Enter debits before credits Use the following information for the Quick Studies below. (Algo) (The following information applies to the questions displayed below) Equipment costing $19,200 with a 8-year useful life and an estimated $3,200 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 4,000 units of product during its life. It produced 600 units In the first year. QS 10-8 (Algo) Recording depreciation journal entries LO P1 Record the journal entries for equipment depreciation for the first year under straight line, units-of-production, and double-declining balance View transaction list Journal entry worksheet Step by Step Solution
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