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How would this appear in a Journal

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Question - How would this appear in a Journal?

You spent $102,850 incl. GST on a welding machinery and paid for it by using your bank account. You estimate that the machinery will have a useful life of 5 years, during which you are planning to produce 40,000 units of new bike pedals. The residual value of the machinery is $13,500.

Reference no: EM132655206

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