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What would amount to be recored as depreciation expense

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Reference no: EM132538700

Question 1: A company purchased a factory equipment on April 1, 2019 for 32.000 TL. It is estimated that the equipment will have a 4.000 TL residual value at the end of its 10-year useful life. Using the straight-line method of depreciation, what would be the amount to be recored as depreciation expense at December 31, 2019?

Reference no: EM132538700

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