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Required information Tequila Mockingbird, a liquor store, purchased a new point - of - sale system to improve efficiency in ringing up customers. The point
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Tequila Mockingbird, a liquor store, purchased a new pointofsale system to improve efficiency in ringing up customers. The pointofsale system cost $ has an estimated useful life of years or customers served, and an estimated residual salvage value of $ The pointofsale system served customers in year customers in year customers in year and customers in year
Complete a separate depreciation schedule for the pointofsale system under each of the following methods:
a Straightline.
b Unitsofproduction.
c Doubledecliningbalance.
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Req C
Complete a depreciation schedule using the straightline method.
tableYeartableDepreciationExpensetableAccumulatedDepreciationtableNetBook ValueAt acquisition,,,
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