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    If the Cost of a Piece of Equipment Is $15,000
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If the Cost of a Piece of Equipment Is $15,000

Question 30

Question 30

Multiple Choice

If the cost of a piece of equipment is $15,000 and accumulated depreciation amounts to $5,000, the book value of the equipment is:


A) $5,000.
B) $34,000.
C) $10,000.
D) $24,000.
E) $2,000.

Correct Answer:

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