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harra harra
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6 years ago
Refer to Table 10-7. Calculate and record the amortization expense for the truck for the year 2013 using the double-declining-balance method.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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6 years ago
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More solutions for this book are available here
165,000 × 2/ 4 = $82,500

    General Journal
Date   Accounts   Debit   Credit
2013         
Dec. 31   Amortization Expense    82,500   
             Accumulated Amortization - Truck      82,500
1

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harra Author
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#2
5 years ago
Can't believe how you found this in the textbook, great answer.
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