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The cost of the food truck was $110,000 with an expected life of 11 years, with depreciation being done on a straightline basis. The yearly
The cost of the food truck was $110,000 with an expected life of 11 years, with depreciation being done on a straightline basis. The yearly cost of maintaining the truck would be $2,500.
a) please provide journal entry for truck's depreciation for each year.
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