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    Exam 3: Adjusting and Closing Entries
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    If a Piece of Equipment Was Purchased on September 1
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If a Piece of Equipment Was Purchased on September 1

Question 73

Question 73

Multiple Choice

If a piece of equipment was purchased on September 1, it would have ________ months depreciation included in the adjusting entry for the calendar year.


A) 12
B) 8
C) 4
D) 6

Correct Answer:

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