Mathematics, 24.09.2019 03:30 myparentsrock17
Stear corp. bought a machine on january 1, 2012 for $30,000. the company follows a policy of depreciating assets at 5 percent each year. what will be the closing credit total of the accumulated depreciation account after the first year?
a. 3,000 b. 1,500 c. 27,000 d. 28,500
Answers: 1
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Stear corp. bought a machine on january 1, 2012 for $30,000. the company follows a policy of depreci...
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