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Posted on Aug 08, 2024

On July 9, 2025, Steffani purchased a truck for $27,000 with a $2,000 salvage value, is expected to last five years & 40,000 miles. Show

On July 9, 2025, Steffani purchased a truck for $27,000 with a $2,000 salvage value, is expected to last five years & 40,000 miles. Show the journal entry to record depreciation for 2026 under straight-line depreciation.

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