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On January 2,2022. Mecklenberg Company purchased equipment in exchange for $75.000 cash The equipment has an estimated Salvage value of $15.000, an estimated life of

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On January 2,2022. Mecklenberg Company purchased equipment in exchange for $75.000 cash The equipment has an estimated Salvage value of $15.000, an estimated life of 3 years, and is depreciated by the straight line method. Use the following tabular analysis to record: Enter negative amounts using either a negative in preceding the numbers, 45 or parentheses 450 11) The acquisition of the asset at January 2, 2022. 12) Depreciation pense at December 31, 2022 Assets Lahilities Notes Payable Cash Accumulated Depreciation Enument 2 12 LET Stockholders' Equity Retained Earnings Common Stock Diy Rev Exp

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