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Harvard Financial Services Purchased Computers That Are to Be Used

Question 114

Multiple Choice

Harvard Financial Services purchased computers that are to be used in its consultancy services.Based on the matching principle,what account,other than Computers,should appear on the balance sheet as of December 31,2016?


A) Depreciation Expense
B) Service Revenue
C) Accumulated Depreciation
D) Equipment Expense

Correct Answer:

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