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Business, 08.02.2021 20:50 zyrashanson
Office equipment purchased January 1, 2020 for $66,000 was incorrectly charged to Supplies Expense at the time of purchase. The office equipment has an estimated three-year service life with no expected salvage value. Crane uses the straight-line method to depreciate office equipment for financial reporting purposes. This error has not been recorded.
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Office equipment purchased January 1, 2020 for $66,000 was incorrectly charged to Supplies Expense a...
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