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On January 11, 2018, Orangewood Industries bought a new cash register for $7,500. In calculating depreciation expense for the year ended December 31, 2018, Orangewood's

On January 11, 2018, Orangewood Industries bought a new cash register for $7,500. In calculating depreciation expense for the year ended December 31, 2018, Orangewood's accountant will assume that the cash register was purchased on:

Multiple Choice

January 11, 2018
January 1, 2018
January 31, 2018
February 1, 2018

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