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

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12. Shinn 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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Financial Accounting

ISBN: 9780470128848

6th Edition

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

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