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20 point Anderson, Inc began the year with Equipment of $1,020.000 and accumulated depreciation of $180.000. The only change affecting the accumulated depreciation account during

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20 point Anderson, Inc began the year with Equipment of $1,020.000 and accumulated depreciation of $180.000. The only change affecting the accumulated depreciation account during the year is $82.500 of depreciation that was recorded through a year end adjusting entry. After the adjusting entry is recorded, what is the book value of the equipment Anderson will report on its balance sheet at 12/31 $937.500 O $840.000 $1.020,000 3757500 2 21 points Hope Corporation uses the allowance method Hope writes off a $650 customer account balance when it becomes clear that the customer will never pay. Hope should debit Accounts Receivable and credit Bad Debt Expense for $650 Bad Debt Expense and credit Cash for $650. Allowance for Doubtful Accounts and credit Accounts Receivable for $650 Rad Debt Expense and credit Accounts Receivable for 3650 22 Scony Comowy purchase equipment te beginning of the year as con 515.000 The machine is deprecated using the ret method. The recede? years with a $100. The Journey to record the stars depreciation Debil Equipment 2.000. Credit Accumulated Deprecio $2,000 Debt Depreciation Expense 2.000. Accederon 2.000 Det Depreciation Expense 32145, Acou Do 12.143 De Accumulated Deprecato 2.1 Event 2.143 Depreciation per 2,000 credit to 2.000 Sooooo

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