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On July 1, 2025, Action Printers purchased a printer for $67,000. It expects the printer to last for four (4) years and have a residual
On July 1, 2025, Action Printers purchased a printer for $67,000. It expects the printer to last for four (4) years and have a residual value of $6,000. What is the journal entry to record the V depreciation expense for the year ending December 31, 2025, using the straight - line method? O A. Depreciation Expense-Equipment 16,750 Accumulated Depreciation-Equipment 16,750 B. Depreciation Expense-Equipment 33,500 Accumulated Depreciation-Equipment 33,500 . C. Depreciation Expense-Equipment 7,625 Accumulated Depreciation-Equipment 7,625 O D. Depreciation Expense-Equipment 15,250 Accumulated Depreciation-Equipment 15,250
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