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Daniel Corporation's End-Of-Period Spreadsheet at the End of July Has

Question 31

Multiple Choice

Daniel Corporation's end-of-period spreadsheet at the end of July has $4,950 in the Balance Sheet Credit column for Accumulated Depreciation. The end-of-period spreadsheet at the end of August has $7,600 in the Balance Sheet Credit column for Accumulated Depreciation. What is the amount of the depreciation expense adjustment for the month of August?


A) $12,550
B) $7,600
C) $4,950
D) $2,650

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