Principles of Accounting
Principles of Accounting
12th Edition
ISBN: 9781133626985
Author: Belverd E. Needles, Marian Powers, Susan V. Crosson
Publisher: Cengage Learning
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Chapter 3, Problem 5C

1.

To determine

Examine the adjusting entries which affect the current assets, liabilities and property and equipment.

2.

To determine

Locate the depreciation expenses in financial statements of CVS.

3.

To determine

State the assumptions that the accountants use in estimation of depreciation.

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