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Thu 1 AM Problem 9-3A (Part Level Submission) On January 1, 2017, Evers Company purchased the following two machines for use in its production process
Thu 1 AM Problem 9-3A (Part Level Submission) On January 1, 2017, Evers Company purchased the following two machines for use in its production process cash costs $70, and $100 of oil and lubricants to be used with the machinery a $4,050 salvage value remaining at the end of that time period. Assume that the The recorded cost of this machine was $180,000. Evers estimates that the useful life of the machine is 4 years with a $10,050 salvage value remaining at the end of that time period its first year of operations. Evers that the useful life of the machine is 5 years with is used. Machine B: (a) indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 1, 2017 2 The journal entry to record annual depreciation at December 31, 2017. No. 1. Accumulated Depreci 45,070 45,070 2. 16
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