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BUS 001-A company purchased a new truck at a cost

01 / 10 / 2021 Projects

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BUS 001-A company purchased a new truck at a cost

A company purchased a new truck at a cost of $50,000 on July 1. The truck is estimated to have a useful life of 5 years and a salvage value of $3,800. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the truck during the first year ended December 31?



International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

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