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The Balance in the Accumulated Depreciation - Machine Account at the End

Question 102

Multiple Choice

The balance in the Accumulated Depreciation - Machine account at the end of the year is $10,000. The book value of the machine is $30,000. The cost of the machine was:


A) $10,000.
B) $20,000.
C) $30,000.
D) $40,000.

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