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on January 1, 2xx0, Italy ad Salmakia purchased communication equipment at a cosf of $130,000. the equipment has an expected residual value of $10,000 and
on January 1, 2xx0, Italy ad Salmakia purchased communication equipment at a cosf of $130,000. the equipment has an expected residual value of $10,000 and useful life of 3 years or 4,000 hours.
Using the S/L method
2xx0. Depreciation exp Depreciation. Book value
depreciation
2xx1
2xx2
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