On January 1st Matthews Band paid 67,800 for sound equipment band estimates it will use...
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Accounting
On January 1st Matthews Band paid 67,800 for sound equipment band estimates it will use the equipment for 5 years and perform 200 concerts it estimates that after 5 years it can still be equipment for $2,000 during the first year the band performs 55 concerts compute the first year depreciation using the units of production method
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