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A truck that was purchased for 60000 on Jan 1, 2004 and has a estimated life of 10 years is depreciated strait line and has a salvage value equal to 20% of the purchase cost. How would I record the...

Merchandise Inventory has a current balance of 16,200 in the trial balance. And after taking inventory the actual amount in Inventory is 15,300. How would I post the journal entry to show this...

The following adjusted trial balance contains the accounts and balances of Dayton Company as of December 31, 2008 the end of its fiscal year. (1) Prepare the December 31, 2008 closing entries for...