In 2009 pendelton corporation acquired equipmnet at a cost, Ask an Expert

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In 2009, Pendelton Corporation acquired equipmnet at a cost of $120,000. The equipment is to be depreciated by the straight-line method over five years with no provision for salvage value. Depreciation for fractional years is computed by rounding the ownership period to the nearest month.Depreciation expense recognized in 2009 will be.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9968071

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