Business, 30.11.2021 01:00 ghari112345

Suppose PepsiCo purchased a piece of plant equipment in December, 2013 and, after installing and testing the equipment, it was put into service on January 1, 2014. The total cost to put the equipment into service was $300,000; it is expected to have a useful life of 5 years and a salvage value of $60,000. Suppose PepsiCo records an adjusting entry at the end of each quarter to record depreciation. What would the entry to record depreciation be for the quarter ending March 31, 2014

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Suppose PepsiCo purchased a piece of plant equipment in December, 2013 and, after installing and tes...