6. The equipment has a 5-year life with no salvage value. It is being depreciated at $250 per month for 60 months. 7. Invoices representing $1,200 of services performed during the month have not been recorded as of June 30.
6. The equipment has a 5-year life with no salvage value. It is being depreciated at $250per month for 60 months.7. Invoices representing $1,200 of services performed during the month have not beenrecorded as of June 30.