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Truck, trailer, and mowers are depreciated monthly over 72 months The total capital equipment is 45,000. Would the adjusting entry at the end of the
Truck, trailer, and mowers are depreciated monthly over 72 months
The total capital equipment is 45,000.
Would the adjusting entry at the end of the month be: Depreciation Expense $625 (45,000 /72) Accumulated Depreciation for capital equipment $625
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