Question
The company pursued machine for 110 thousand $ and expected to used for for five years and the residents or salvage value is 10 thousand
The company pursued machine for 110 thousand $ and expected to used for for five years and the residents or salvage value is 10 thousand $.
requirement ;
1- calculate the depreciation with using street line method.
2- show the afflict of depression on income statement and balance sheet for the first year and third year.
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Get StartedRecommended Textbook for
Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
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