AC 113 UNIT 8 QUIZ
1.
Question :
A machine was purchased for $45,000. It has a useful life of 6 years and a residual value of $6,000. Under the straight-line method, what is the annual depreciation expense?
Student Answer:
$7,500
$15,000
$3,750
$6,500
Question2.
Question :
A p
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Kaplan University
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AC 113
18 Aug 2017