Business, 05.05.2020 21:07 duartealondra45

On July 1st, Harding Construction purchases a bulldozer for $228,000. The equipment has a 8 year life with a residual value of $16,000. Harding uses straight-line depreciation.

(a) Calculate the depreciation expense and provide the journal entry for the first year ending December 31st.

(b) Calculate the third year%u2019s depreciation expense and provide the journal entry for the third year ending December 31st.

(c) Calculate the last year%u2019s depreciation expense and provide the journal entry for the last year.

17.

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On July 1st, Harding Construction purchases a bulldozer for $228,000. The equipment has a 8 year lif...

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