Question
Alvarez Corp. purchased equipment at a cost of $140,000 several years ago. As of January 1, Year7, depreciation of $80,000 had been recorded on this
Alvarez Corp. purchased equipment at a cost of $140,000 several years ago.
As of January 1, Year7, depreciation of $80,000 had been recorded on this asset. Depreciation expense for Year7 is $15,000.
After the adjustments are recorded and posted at December 31, Year7, what are the balances for the Equipment and Accumulated Depreciation (answers are in that order)?
| a. | $140,000, $15,000 | |
| b. | $80,000, $80,000 | |
| c. | $ 80,000, $15,000 | |
| d. | $ 60,000, $15,000 | |
| e. | $140,000, $95,000 |
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Securing And Auditing Data On DB2 For Z/Os
Authors: IBM Redbooks
1st Edition
0738432857, 978-0738432854
