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Business, 02.07.2020 20:01 KhaRNate

If a fixed asset, such as a computer, were purchased on January 1 for $2,061 with an estimated life of 5 years and a salvage or residual value of $159, the journal entry for monthly expense under straight-line depreciation is

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If a fixed asset, such as a computer, were purchased on January 1 for $2,061 with an estimated life...
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