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Straight-Line Deprecation Irons Delivery inc. purchased a new dellvery truck for $42,000 on January 1, 2023. The truck is expected to have a $2,090 residual

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Straight-Line Deprecation Irons Delivery inc. purchased a new dellvery truck for $42,000 on January 1, 2023. The truck is expected to have a $2,090 residual value at the end of its 5 -year useful life. Irons uses the straight-line method of depreciation. Requiredt Prepare the joumal entry to record depreciation expense for 2023 and 2024 . If an amount box does not require an entry, leave it blank

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