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Using the information below, determine the depreciation of the machinery using Straight Line Depreciation, Units of Production, and Double Declining Balance. Then complete the journal

Using the information below, determine the depreciation of the machinery using Straight Line Depreciation, Units of Production,

and Double Declining Balance. Then complete the journal entry for the

1

st year of use for each method. Depreciation will be

recorded for the year on December

31 .

Use the Excel template provided in Blackboard.

Units of Production:

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