If the equipment account has a balance of ($ 22,500) and its accumulated depreciation account has a

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If the equipment account has a balance of \(\$ 22,500\) and its accumulated depreciation account has a balance of \(\$ 14,000\), the book value of the equipment would be:

A. \(\$ 36,500\).

B. \(\$ 22,500\).

C. \(\$ 14,000\).

D. \(\$ 8,500\).

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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