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Homework answers / question archive / QUESTION 3 On January 1, 2020 Company purchases a printer at $800 by issuing a note and company also pays in cash $100 duty tax and $20 for transportation

QUESTION 3 On January 1, 2020 Company purchases a printer at $800 by issuing a note and company also pays in cash $100 duty tax and $20 for transportation

Accounting

QUESTION 3 On January 1, 2020 Company purchases a printer at $800 by issuing a note and company also pays in cash $100 duty tax and $20 for transportation. Its useful life is estimated as 4 years and the residual value is $100. 2 Make the joumal entry for the purchase in January 2020 (10 points) b. Fill in the depreciation schedule using straight line method (10 points) Years Computation Dep. Expense l? ta. Book Value
View AaBbc AaBBC AaBbc AaBBC Az Heading 4 Heading 5 Heading 6 Heading 7 11 Paragraph Styl ... 3. 4 1.. 5 ... 1 + 6 .. UNIVERSITY c. Fill in the depreciation schedule using double declining method (10 points) Years Computation Dep. Expense Acc. Dep. Book Value

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