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Business, 26.12.2019 22:31 leilei2003

Amachine costing $75,000 is purchased on september 1, year 1. the machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. double-declining-balance depreciation is used. if the machine is sold on december 31, year 3 for $13,000, the journal entry to record the sale will include:

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Amachine costing $75,000 is purchased on september 1, year 1. the machine is estimated to have a sal...
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