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Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3] [The following informotion applies to the questions
Required information PA9-1 (Algo) Computing Acquisition Cost and Recording Depreciation under Three Alternative Methods [LO 9-2, LO 9-3] [The following informotion applies to the questions displayed below] At the beginning of the year, Cruz \& Turner Corporation bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. A9-1 (Algo) Part 6 Compute years 1 and 2 double-declining-balance depreciation expense for Machine C, wiuch has a cost of $27,100, an estimated life 10 years, and $1,400 residual value. PAY-1 (Algo) Computing Acquisition Cost and Kecording Vepreciation under Inree Alternative Methods [LO 9-2, LO 9-3] [The following information applies to the questions displayed below] At the beginning of the year, Cruz \& Turner Corporation bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. PA9-1 (Algo) Part 7 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense fo Machine C, which has a cost of $27,100, an estimated life of 10 years, and $1,400 residual value. (If no entry is r quired for a transaction/event, select "No Journal Entry Required" in the first account field.)
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