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  3. 4.) consider the journal entry to record the loss.

4.) Consider the journal entry to record the loss. Complete the missing journal entry leg....

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Accounting

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4.) Consider the journal entry to record the loss. Complete the missing journal entry leg. If there is no impairment then writo "NA" on cover sheet Record the loss (if any) Impairment Loss USE THE FOLLOWING INFORMATION FOR #5: Motown Corporation uses the straight-line method of depreciation and has the following assets at December 31, 20X4: Asset Depreciable Basis Placed in Service Useful Life $ Computers Office Equipment 55,000 136,000 1/30/X3 9/15/X4 5 years 5 years 5.) On the answer sheet write in the TOTAL amount of depreciation EXPENSE for the year ending 12/31/X4

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