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struggling with this one, can someone help? On January 2, 2018, Daeva Furniture purchased display shelving for $8,200 cash, expecting the shelving to remain in
struggling with this one, can someone help?
On January 2, 2018, Daeva Furniture purchased display shelving for $8,200 cash, expecting the shelving to remain in service for five years. Daeva depreciated the shelving on a double-declining balance basis, with $2,000 estimated residual value. On September 30, 2019, the company sold the shelving for $2,400 cash. Read the requirement Start by recording depreciation expense on the shelving for 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Sep 30 Date Debit Credit Step by Step Solution
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