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Sliders Water Park Adjusts and Closes Its Books Monthly

Question 193

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Sliders Water Park adjusts and closes its books monthly. The unadjusted trial balance is shown below at June 30, 2022: Sliders Water Park adjusts and closes its books monthly. The unadjusted trial balance is shown below at June 30, 2022:    -The equipment has a useful life of 8 years. Compute the book value of the equipment after the proper June adjustment has been made.
-The equipment has a useful life of 8 years. Compute the book value of the equipment after the proper June adjustment has been made.

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24,000/8 years/12 months = 250...

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