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Show me the steps to solve Problem 1 1 - 5 The Thompson Corporation, a manufacturer of stell products began operations on Oct 1 ,
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The Thompson Corporation, a manufacturer of stell products began operations on Oct The accounting department has started the fixed asset an depreciation schedule
Depreciation is completed from the first of the monthof acquisition to the first of the month disposition
Land A and building a were acquired from a predecessor corporation. Thompson paid $ for the land and building together at the time of acquisition.
Required
Supply the correct amount for each numbered item on the schedule. For deprecation methods SL is straight line and DDB indicates double declineing balance Round each answer to the nearest dollar
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