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What is the adjusted journal entry

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Question - A truck purchased for $20,000 has accumulated amortization of $6,000 on January 1st and is amortized at a rate of 10%. What's the entry for 6 month period ending June 30th?

What is the adjusted journal entry for the 6 month period ending June 30th?

Furthermore the amortization formula for the declining method is as follows (as you know).

Reference no: EM132599249

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