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Determine the amount of the annual depreciation

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Reference no: EM132627474

Question - The Company El Mar Azul S.R.L., bought a vehicle for the distribution of its products worth $600,000.00 plus 16%IVA in cash.

Required -

1) Make the record of the depreciation of the period.

2) Determine the amount of the annual depreciation.

3) Determine the useful life of the transportation equipment.

Reference no: EM132627474

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