On january 3 20xx boice company purchased equipment for

Reference no: EM13589158

Objective: to show the financial statement presentation of a long term asset.

On January 3, 20xx, Boice company purchased equipment for 90,000, the estimated trade in value at the end of its useful life is 6,000, and the equipment is estimated to have a usefu life of 10 years.

Direction: show how the the equipment would be reported seven years after purchase on a december 31, 200x

Reference no: EM13589158

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