If excel is used for calculations please include the excel formulas used for each! Thank...
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If excel is used for calculations please include the excel formulas used for each! Thank you!
2020 2019 Equipment $215,000 $175,000 Accumulated Depreciation Equip (70,000) (49,000) Building 250,0000 250,000 Accumulated Depreciation Building (70,000) (50,000) 1. 3/1/2020 Purchased Equipment 2. Equipment costing $40,000 sold for with a book value of $31,000 was sold for $37,000 cash. A. Calculate Total Depreciation Expense for 2020 B. What is the cost of Equipment Purchased on 3/1/2020
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