Business, 16.02.2021 18:50 flyingcerberus1408
MIC Company purchased a computer for $4,800 on December 1. It is estimated that annual depreciation on the computer will be $960. If financial statements are to be prepared on December 31, the depreciation expense should be shown in the adjusting entry:
a.
$ 80
b.
$ 4,800
c.
$ 3,800
d.
$ 960
Answers: 2
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MIC Company purchased a computer for $4,800 on December 1. It is estimated that annual depreciation...
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