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Tomm Tomm
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6 years ago
Victory Stables purchased new equipment for their barn on July 1, 2013. The new equipment had a cost of $100,000, estimated salvage of $20,000 and an expected useful life of 10 years. Prepare the journal entry for the December 31, 2013 and 2014 amortization. Note: Victory Stables uses the straight-line method of depreciation.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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TheSinTheSin
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6 years ago
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