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QUESTION
If a fixed asset, such as a computer, were purchased on January 1 for 3,750 with an estimated useful life of 3 years and a salvage or residual value
- A. Depreciation Expense 100 Accumulated Depreciation 100
- B. Depreciation Expense 1200 Accumulated Depreciation 1200
- C. Accumulated Depreciation 1200 Depreciation Expense 1200
- D. Accumulated Depreciation 100 Depreciation Expense 100
