Multiple Choice
On October 21,2018,Xit Company bought a new delivery truck for $30,000.In calculating depreciation expense for the year ended December 31,2018,Xit's accountant will assume that the truck was purchased on:
A) November 1,2018.
B) October 1,2018.
C) October 21,2018.
D) January 1,2019.
Correct Answer:
Verified
Correct Answer:
Verified
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