A business purchases $20,000 of equipment on 10/1/09 (straight-line method of depreciation; 4 year life;...
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Accounting
A business purchases $20,000 of equipment on 10/1/09 (straight-line method of depreciation; 4 year life; $4,000 salvage value). How much depreciation expense would they record in 2009? Show work to receive partial credit.
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