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Record the adjustment for the month ended march

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Problem 1: A company that uses the straight-line method of depreciation purchased equipment on March 1, 2020. The equipment cost $57,000, has an estimated life of 5 years and an estimated salvage value of $5,000. Record the adjustment for the month ended March 31, 2020.(Round your answers to 2 decimal places.)

Reference no: EM132674289

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