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On October 1, 2020, CO. A PURCHASED EQUPMENT FOR $210,000. The estimated useful life of the equipment is 5 years and 300,000 units, and the
On October 1, 2020, CO. A PURCHASED EQUPMENT FOR $210,000. The estimated useful life of the equipment is 5 years and 300,000 units, and the salvage value is estimated to be $10,000.
Compute depreciation expense in year 2021 under
Straight line method
2-units of production method-assume the company produced 30,000 units in year 2021
Sum of years digits
Double declining balance
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