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Business, 21.01.2020 19:31 mattstudy305

If a fixed asset, such as a computer, were purchased on january 1st for $3,750 with an estimated life of 3 years and a salvage or residual value of $150, the journal entry for monthly expense under straight-line depreciation is: . eom accumulated depreciation 1,200depreciation expense 1,2002. eom depreciation expense 100accumulated depreciation 1003. eom accumulated depreciation 100depreciation expense 1004. eom depreciation expense 1,200accumulated depreciation 1,200

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If a fixed asset, such as a computer, were purchased on january 1st for $3,750 with an estimated lif...
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