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Depreciation Expense Is $20,000 and the Beginning and Ending Accumulated

Question 43

Multiple Choice

Depreciation expense is $20,000 and the beginning and ending accumulated depreciation balances are $150,000 and $155,000,respectively.What is the cash paid for depreciation?


A) $20,000
B) $5,000
C) $0
D) $25,000

Correct Answer:

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