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On January 2. 2021, Daeva Fumiture purchased display sheling tor s8,700 cash, expecting the sheving...

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Accounting

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On January 2. 2021, Daeva Fumiture purchased display sheling tor s8,700 cash, expecting the sheving to remain in service for five years Deveva deprociated the sheiveng on a double-dacining- oulanoe bstis, with $1,000 estmated residual value. On September 30,2022 , the company sold the shelving for $2,700 cath. Read the Start by recorting deprociation expense on the sheving far 202 , (Record debits frit then credis. Exclide erplanations trom any foumal antiet) On January 2. 2021, Daeva Fumiture purchased display sheling tor s8,700 cash, expecting the sheving to remain in service for five years Deveva deprociated the sheiveng on a double-dacining- oulanoe bstis, with $1,000 estmated residual value. On September 30,2022 , the company sold the shelving for $2,700 cath. Read the Start by recorting deprociation expense on the sheving far 202 , (Record debits frit then credis. Exclide erplanations trom any foumal antiet)

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