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On January 1 , 2 0 1 6 , Leardon Inc. purchased equipment for $ 2 5 , 0 0 0 . The company is
On January Leardon Inc. purchased equipment for $ The company is depreciating the equipment at the rate of $ per month. At January the balance in Accumulated Depreciation is:
$ debit.
$ credit.
$ debit.
$ credit.
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