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  3. Study Set
    Corporate Financial Accounting Study Set 1
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    Exam 3: Adjustments: Accruals and Deferrals
  5. Question
    If the Equipment Account Has a Balance of $80,400 and Its
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If the Equipment Account Has a Balance of $80,400 and Its

Question 179

Question 179

Multiple Choice

If the equipment account has a balance of $80,400 and its accumulated depreciation account has a balance of $22,500, the book value of the equipment is


A) $102,900
B) $80,400
C) $57,900
D) $22,500

Correct Answer:

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