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Based on the following data for a machine, when should you begin to depreciate it? May 1, 2015 Your firm orders a machine June 12,
Based on the following data for a machine, when should you begin to depreciate it?
May 1, 2015 Your firm orders a machine
June 12, 2015 The seller ships the machine FOB shipping point
June 23, 2015 The machine arrives at your firms office
August 2, 2015 Your firm places the machine in services
August 23, 2015 Your firm pays for the machine
A. June 12, 2015
B. June 23, 2015
C. August 2, 2015
D. August 23, 2015
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