Beaver construction purchases new equipment for 33000 cash

Reference no: EM13616394

Beaver Construction purchases new equipment for $33,000 cash on April 1, 2012. At the time of purchase, the equipment is expected to be used in operations for five years (60 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 60 months ($550/month).

Reference no: EM13616394

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