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QUESTION 6 Company B purchased an equipment for $600. The equipment has a useful life...

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Accounting

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QUESTION 6 Company B purchased an equipment for $600. The equipment has a useful life of 4 years and a scrap value of $50 at the end of year 4, what is the closing balance of property, plant & equipment (PP&E) in year 3 (using straight line method) ? $150.0 $325.0 $187.5 $50.0

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