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For Consolidation Purposes,what Net Debit or Credit Will Be Made

Question 24

Multiple Choice

For consolidation purposes,what net debit or credit will be made in 2009 relating to the equipment transfer?


A) Debit accumulated depreciation,$46,000.
B) Debit accumulated depreciation,$48,000.
C) Credit accumulated depreciation,$48,000.
D) Credit accumulated depreciation,$46,000.
E) Debit accumulated depreciation,$2,000.

Correct Answer:

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