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You purchased a piece of equipment with a useful life of 2 years for $12,000. What equation do you use when creating the journal entry

You purchased a piece of equipment with a useful life of 2 years for $12,000. What equation do you use when creating the journal entry so QuickBooks calculates the monthly depreciation?

Answer:

24/12000

6000+6000

12000/24

24*500

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