Keep a second year adjusting journal

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Reference no: EM132734882

Question- On May 1, 2018, PT Pelangi purchased a cash machine with an acquisition cost of Rp 60,000,000, -. The machine is estimated to last 4 years and has a value remaining IDR 12,000,000. If the company uses the straight-line method.

Required -

a. Create the required depreciation table.

b. Keep a second year adjusting journal.

Reference no: EM132734882

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