Equipment acquired on October 1. 2022, at a cost of $773,000, has an estimated useful...
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Accounting
Equipment acquired on October 1. 2022, at a cost of $773,000, has an estimated useful life of 10 years. The residual value is estimated to be $83,800. Calculate the depreciation expense for the first two years using the straight-line method. List of Accounts Calculate the denreciation expense for the first two years using the double diminishing-balance method
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