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Business, 02.07.2019 22:10 tnassan5715

Bakesale enterprises purchased equipment on may 1, 2018 for $6,300. the company expects to use the equipment for 5 years. it has no salvage value. what adjusting journal entry should the company make at the end of each month if monthly financials are prepared (annual depreciation is $1,260)? what is the book value of the equipment at may 31, 2018?

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