On january 1 2011 sesame revised these estimates to a total, Ask an Expert

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Sesame company purchased a computer system for $74,000 on January 1,2009. It was depreciated based on a 7-year life and an $18,000 salvage value. on january 1, 2011, Sesame revised these estimates to a total useful life of 4 years and a salvage value of $10,000. Prepare Sesame's enty to record 2011 depreciation expense.

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Category:- Accounting Basics
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