Question
JKL Company purchased a car for $21,000 on January 1, 2016. The vehicle is estimated to have a useful life of 10 years, at which point it will have a residual value of $1,000. JKL Company uses the straight-line method to account for depreciation. What is the accumulated depreciation and book value respectively in 5 years?
Answers
mod
ahlie this question is mod styll
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