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(d) The company had acquired equipment costing $40,000 on January 1 of the current year. Suppose that the depreciation on this equipment was calculated to
(d) The company had acquired equipment costing $40,000 on January 1 of the current year. Suppose that the depreciation on this equipment was calculated to be $2,000 for the current year. Fnenre the amution etill halanepe and dahite = eradite (e) On December 1 of the current year, the company had sold $500 in gift certificates for decorating services to a customer. On December 31 of the current year, the accountant received an envelope containing $400 worth of redeemed gift certificates, not yet recorded in the company's books. Fnewe tha sanation etill halanoes and dahite = crodite (f) Investments owned by the company earned $1,200 in additional interest revenue for the year; the cash will be received in January. Ensure the eauation still balances and dehits = credits
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