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On October 21,2017,Xit Company Bought a New Delivery Truck for $30,000.In

Question 136

Multiple Choice

On October 21,2017,Xit Company bought a new delivery truck for $30,000.In calculating depreciation expense for the year ended December 31,2017,Xit's accountant will assume that the truck was purchased on:


A) November 1, 2017
B) October 1, 2017
C) October 21, 2017
D) January 1, 2018

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