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Sun Shine Company purchased a machine for P75,000 on July 1, 202A. It is estimated that it will have a useful life of 10 years

Sun Shine Company purchased a machine for P75,000 on July 1, 202A. It is estimated that it will have a useful life of 10 years and scrap value of P8,000. Give the entry to record depreciation on the machinery assuming Sun Shine Companys accounting period ends on

a) December 31, 202A b) June 30, 202B

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