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Record the purchase of the computer on this date

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Question - You spent $3,113 incl. GST on a computer at Digi-Com and paid for it from your bank account. You estimate it will have a useful life of 3 years and be worth $354 at the end of the 3 years. Computer is depreciated using the diminishing balance method and the rate of depreciation is 50%. Record the purchase of the computer on this date.

Reference no: EM132544216

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