Straight-line depreciation, Accounting Basics

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Straight-line depreciation

Assignment:

Question 1. Find the yearly straight-line depreciation of a home theatre system including the receiver, main audio speakers, surround sound speakers, audio and video cables, and blue-ray player that costs $3100 and has a salvage value of $900 after an expected life of 5 years in a hotel lobby.

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Accounting Basics: Straight-line depreciation

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Accounting Basics: Straight-line depreciation

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