Explain record depreciation on equip


Gill corporation manufactures model airplane. the company purchased for 170000 automated production equip that can make the model parts. the equip has a 10000 salvage value and a 10 year uselife. of equip was purchased on Jan.1 record in T-account the adjusting entry that the company would make in dec 31 to record depreciation on equip?

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Accounting Basics: Explain record depreciation on equip
Reference No:- TGS0675040

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