Prior to adjustment at the end of the year, the balance in Trucks is $413,200...
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Accounting
Prior to adjustment at the end of the year, the balance in Trucks is $ and the balance in Accumulated DepreciationTrucks is $
a Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidial depreciation taken cannot reduce the book value of the truck below its residual value. Round the rate per mile to two decimal places.
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