T. Harris Company purchased equipment for $18,000. By the current balance sheet date, $6,000 had been depreciated.

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T. Harris Company purchased equipment for $18,000. By the current balance sheet date, $6,000 had been depreciated. Indicate the balance sheet presentation of the data.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 20, 2022 06:57 AM

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T. Harris Company purchased equipment for $18,000. By the current balance sheet date, $6,000 had been depreciated.

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Accounting Principles

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