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The equipment purchased for $26,000 in chapter 2 has a uselul lite of 5 years,...

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Accounting

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The equipment purchased for $26,000 in chapter 2 has a uselul lite of 5 years, and we expect that it will be worth $8,000 when we are done with it, Record depreciation. Account Name Debit Credit The equipment purchased for $26,000 in chapter 2 has a uselul lite of 5 years, and we expect that it will be worth $8,000 when we are done with it, Record depreciation. Account Name Debit Credit

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