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The Balance of the Building Account Is $4,500,000, and the Balance

Question 109

Multiple Choice

The balance of the building account is $4,500,000, and the balance in the accumulated depreciation-building account is $2,400,000. What is the book value of the equipment?


A) $2,400,000
B) $2,100,000
C) $4,500,000
D) $6,900,000

Correct Answer:

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