Danish Inc purchased a computer on January 1, 2019, for $1,600,000. The straight-line method of depreciation...

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Danish Inc purchased a computer on January 1, 2019, for $1,600,000. The straight-line method of depreciation was used, based

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Ans: calculation of Depreciation Depreciation - Original cost - Salvage Value useful life of Asset = $1,600,000 - $130,000 oy Book Value profit Sale value $1,000,000 = $12,500. $984,500 Jownal Entry Depreciation Alc Dy. 122.500 To computer Alc ( Being

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Danish Inc purchased a computer on January 1, 2019, for $1,600,000. The straight-line method of depreciation...

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