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Danner CoPurchased a Computer on January 1,2019,for $1,600,000

question 62

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Danner Co.purchased a computer on January 1,2019,for $1,600,000.The straight-line method of depreciation was used,based on an expected life of 6 years and a residual value of $130,000.Prepare the journal entries to record depreciation for the first 6 months of 2021 and the sale of the computer on July 1,2021,for $1,000,000.
Danner Co.purchased a computer on January 1,2019,for $1,600,000.The straight-line method of depreciation was used,based on an expected life of 6 years and a residual value of $130,000.Prepare the journal entries to record depreciation for the first 6 months of 2021 and the sale of the computer on July 1,2021,for $1,000,000.


Definitions:

Appointment Status

An indicator of the current state or phase of an appointment, such as scheduled, canceled, or completed.

Calendar Item

An entry in a digital calendar representing a scheduled event, meeting, or reminder.

Alert Window

A pop-up notification that appears on a computer screen to inform or warn the user about an important action or event.

Upcoming Appointment

A scheduled meeting, visit, or event that is planned to occur in the near future.

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