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Straight-line method depreciation accounting question PART A) PART B) Pharoah Ltd. purchased a delivery truck on January 1, 2018, at a cost of $77,650. The

Straight-line method depreciation accounting question

PART A)

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PART B)

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Pharoah Ltd. purchased a delivery truck on January 1, 2018, at a cost of $77,650. The truck is expected to have a residual value of $8,290 at the end of its 4-year useful life. Pharoah has a December 31 year end Calculate the depreciation using the straight-line method for each year of the truck's life Depreciation for each year $

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