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On April 1,2012,SAS Corp

Question 73

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On April 1,2012,SAS Corp.purchased and placed in service a plant asset.The following information is available regarding the plant asset:
On April 1,2012,SAS Corp.purchased and placed in service a plant asset.The following information is available regarding the plant asset:    Make the necessary adjusting journal entries at December 31,2012,and December 31,2013,to record depreciation for each year under the following depreciation methods: a.Straight-line b.Double-declining-balance. Make the necessary adjusting journal entries at December 31,2012,and December 31,2013,to record depreciation for each year under the following depreciation methods:
a.Straight-line
b.Double-declining-balance.

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