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Requirements 1. 2. 3. Determine the depreciation expense for 2018 and 2019 using the following methods: a. b. C. Straight-line Units-of-production Double-declining-balance Prepare a
Requirements 1. 2. 3. Determine the depreciation expense for 2018 and 2019 using the following methods: a. b. C. Straight-line Units-of-production Double-declining-balance Prepare a schedule that shows annual depreciation expense, accumulated depreciation, and book value for 2018 and 2019 using the following methods: a. b. C. Straight-line Units-of-production Double-declining-balance Assume that Mister Macchiato sold the equipment for $39,000 cash on July 1, 2020. Assume that management has depreciated the equipment by using the double-declining-balance method. Record Mister Macchiato's depreciation for 2020 and the sale of the equipment on July 1, 2020.
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