Calculate the depreciation value of the equipment, Accounting Basics

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Calculate the depreciation value of the equipment

Question: On the Depreciation worksheet, in cell B7, use the straight-line 5depreciation function to calculate the depreciation value of the equipment for year one. Use absolute cell references. Copy the function down through B13. Inital cost A3 = 100,000, Salvage value B3 = 20,000, and Useful life C3 = 7

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Accounting Basics: Calculate the depreciation value of the equipment

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