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    College Accounting Study Set 8
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    Exam 5: Adjusting the Accounts and Preparing an Adjusted Trial Balance
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    On January 1, 2022, Pulque Company Purchased Equipment for $51,000
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On January 1, 2022, Pulque Company Purchased Equipment for $51,000

Question 145

Question 145

Multiple Choice

On January 1, 2022, Pulque Company purchased equipment for $51,000. The company is depreciating the equipment at the rate of $850 per month. The book value of the equipment at December 31, 2022 is


A) $0.
B) $10,200.
C) $40,800.
D) $51,000.

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