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l Required information (The following information applies to the questions...

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Accounting

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Required information (The following information applies to the questions displayed below.) At the beginning of the year, Shamrock Unlimited bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Cost of the asset $10,200 Installation costs 920 Renovation costs prior to use 960 Repairs after production began 750 3. Prepare the journal entry to record year 2 straight-line depreciation expense for Machine A, assuming an estimated life of 4 ye and $1,000 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first accou field.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine A. Note: Enter debits before credits Transaction General Journal Debit Credit

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