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18 Mather Company purchased equipment on January 1, 2016 at a total invoice cost of $336,000; additional costs of $6,000 for freight and $30,000 for
18 Mather Company purchased equipment on January 1, 2016 at a total invoice cost of $336,000; additional costs of $6,000 for freight and $30,000 for installation were incurred. The equipment has an estimated salvage value of $12,000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2017 if the straight-line method of depreciation is used is: ut of question Select one: a. $132,000. b. $129,600 C. $144,000. d. $148,800. cion 20 et ered A petty cash fund of $100 is replenished when the fund contains $5 in cash and receipts for $91. The entry to replenish the fund would ked out of Flag question Select one: a. credit Miscellaneous Revenue for $4. b. debit Cash Over and short for $4. C. debit Miscellaneous Expense for $4. d. credit Cash Over and short for $4
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