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Prepare a depreciation schdue for the assets in the following transactions using the straight line method of depreciation: A: Flash Enterprises purchased 3 new delivery
Prepare a depreciation schdue for the assets in the following transactions using the straight line method of depreciation:
A: Flash Enterprises purchased 3 new delivery trucks at a cost of $45,000 each. Each truck as an estimated useful life of 5 years.
B: Flash neede a new forklift to be used in warehouse operations at a cost of $12,500. The old forklift was traded in for $1,500.
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