On January 1,2013,equipment was purchased for 100,000 on credit, useful life of 8 years, and...
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Accounting
On January 1,2013,equipment was purchased for 100,000 on credit, useful life of 8 years, and no salvage value. In 2017, the useful life was revised to 6 years. Calculate depreciation expens for the year ended December 31,2017, using the straight-line method
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