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Journalize the purchase and the first two month depreciation

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Question 1: Machinery was purchased for $128,000 cash. It had a salvage value of $8,000 and an estimated useful life of 6 years. Journalize the purchase and the first two month's depreciation.

Question 2: The machinery in 8 was sold for $26,000 cash after year 5. Journalize the sale

Reference no: EM132485908

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