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Business, 08.11.2019 03:31 Alinakohshsb

Straight-line depreciation irons delivery inc. purchased a new delivery truck for $42,000 on january 1, 2019. the truck is expected to have a $1,990 residual value at the end of its 5-year useful life. irons uses the straight-line method of depreciation. required: prepare the journal entry to record depreciation expense for 2019 and 2020.

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