Multiple Choice
On January 1, 2011, Masters and Masters Company purchased equipment for € 30,000.The company is depreciating the equipment at the rate of € 700 per month.The book value of the equipment at December 31, 2011 is
A) € 0.
B) € 8,400.
C) € 21,600.
D) € 30,000.
Correct Answer:
Verified
Correct Answer:
Verified
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