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.Quigley Co. bought a machine on January 1, 2013 for $1,399,900. It had a $122,600 estimated residual value and a 10-year life. An expense account
.Quigley Co. bought a machine on January 1, 2013 for $1,399,900. It had a $122,600 estimated residual value and a 10-year life. An expense account was debited on the purchase date. Quigley uses straight-line depreciation. This was discovered in 2015. Prepare the entries related to the machine for 2015
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