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ompany A purchased a machine for 800.000 TL on January 1 2018. Estimated useful chine is 9 years and residual value is 20.000 TL. (Straight

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ompany A purchased a machine for 800.000 TL on January 1 2018. Estimated useful chine is 9 years and residual value is 20.000 TL. (Straight Line Depreciation Method) a) Record depreciation expense for the first year b) What is accumulated depreciation and book value at the end of fourth year? e) Record journal entry of sale if machine is sold for 150.000 TL with cash at the end of third year. Review 5: C Accumulated Book Value Depreciation Year DepreciableDepreciation Annual Rate Depreciation Amount

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