Business, 19.12.2019 23:31 MAKYERAHWILLIAMS09
Minor company installs a machine in its factory at the beginning of the year at a cost of $135,000. the machine's useful life is estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. during its first year, the machine produces 64,500 units of product. what journal entry would be needed to record the machines' first year depreciation under the units-of-production method?
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Minor company installs a machine in its factory at the beginning of the year at a cost of $135,000....
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