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On Sept 2nd 2017, Treehouse Garden purchased an industrial tractor on credit for $136,800 which has an estimated useful life of 12 years. Treehouse fully
On Sept 2nd 2017, Treehouse Garden purchased an industrial tractor on credit for $136,800 which has an estimated useful life of 12 years. Treehouse fully paid for the tractor on Sept 30th 2017. Using T-accounts, please show the account balances on December 31st, 2017 and July 31st, 2018. What are the accumulated amortization balances on Dec 31st 2017 and Jul 31st 2018.
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