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Prepare the journal entry to record depreclation expense at the end of year 1 , assuming the following: ( If no entry is required for
Prepare the journal entry to record depreclation expense at the end of year assuming the following: If no entry is required for a transactionevent select No Journal entry requlred" In the first account fleld.
tableMachineEstimates,Depreciation MethodLifetableResidualValueA years,$StraightlineB hours,Unitsofproductionc years,Doubledecliningbalance
Journal entry worksheet
A
Record the entry for depreciation expense at the end of year
Note: Enter debits before credits.
tableTransactionGeneral Journal,Debit,Credit
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