0n nonvember 2 G lsco reprocessed company purchased special purpose euipment at a cost of 600000 useful life of the equipment was estimated to be 5 years and the residual value 90000 compute the depreciation expense to be recognized in each calender year during the life of the equipmet under each of the following methods. 1.straight line method .2.(MACRS)
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This article discusses the differences between the daily depreciation method and the periodic depreciation method in Microsoft Dynamics GP 9.0 and in Microsoft Business Solutions - Great Plains 8.0. You select the depreciation method in the Book Setup window in Fixed Asset Management in Microsoft Dynamics GP 9.0 and in Microsoft Business Solutions - Great Plains 8.0.
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