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On October 1, Orlando Gold Exchange paid cash of $115200 for computers that are expected to remain useful for 6 years. At the end of
On October 1, Orlando Gold Exchange paid cash of $115200 for computers that are expected to remain useful for 6 years. At the end of 6 years, the value of the computers is expected to be zero. Post the purchase of August 1st and the depreciation on august 31st to T account for the following account
Out Homework: S 3-8 Save Score: 2.07 of 5 pts 1 of 1 (1 complete) HW Score: 41.38%, 2.07 of 5 pts S3-8 (similar to) Question Help On August 1, Orlando Gold Exchange paid cash of $115,200 for computers that are expected to remain useful for six years. At the end of six years, the value of the computers is expected to be zero. Read the requirements Requirement 3. Post the purchase of August 1 and the depreciation on August 31 to T-accounts for the following accounts: Computer Equipment, Accumulated Depreciation - Computer Equipment, and Depreciation Expense Computer Equipment Show their balances at August 31. (Use dates as posting references to post the transactions. Use a "Bal" posting reference to show the ending balance of each account.) Computer Equipment Accumulated Depreciation-Computer Equipment ct: 0 Depreciation Expense-Computer Equipment Choose from any list or enter any number in the input fields and then click Check Answer part remaining Clear All Check Answer search ? (0) ENG 2:4 5/26
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