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Business, 30.10.2019 20:31 Kitkatuu

On january 1, 2012, desmet company purchased office equipment that cost $15,000 cash. the equipment was delivered under terms fob shipping point, and transportation cost was $1,000. the equipment had a five year useful life and a $1,200 expected salvage value. using straight line depreciation, determine the amount of depreciation expense and the amount of accumulated depreciation that would appear on the december 31, 2014 financial statements?

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On january 1, 2012, desmet company purchased office equipment that cost $15,000 cash. the equipment...
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