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Author Question: Loaner Industries purchased a road tractor for 56,800. Prepare a depreciation schedule using the ... (Read 38 times)

saraeharris

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on: Jun 24, 2018
Loaner Industries purchased a road tractor for 56,800. Prepare a depreciation schedule using the MACRS (Modified Accelerated Cost Recovery System) method, then enter the book value at the end of year 3 as your answer. (Round all amounts to the nearest cent)

Question 2

A photo shop buys some merchandise with an invoice date of March 25. The terms of sale are 3/10, n/30. Find the discount date.


nmyers

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Reply #1 on: Jun 24, 2018
Answer to Question 1

4,208.88

Answer to Question 2

4-Apr


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