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If the beginning balance of the Accumulated Depreciation Equipment account is $10,000 and an adjusting journal entry is recorded for depreciation on the equipment for

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If the beginning balance of the Accumulated Depreciation Equipment account is $10,000 and an adjusting journal entry is recorded for depreciation on the equipment for $2,500, the balance of the accumulated depreciation account after the entry is recorded will be Once the adjusted trial balance is balanced, it can be used to prepare O a. the dassified balance sheet and the income statement only. b. the classified balance sheet only. 1 c. the income statement, the statement of owner's equity, and the classified balance sheet. O d. None of these financial statements are prepared with the adjusted trial balance

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