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Question 9 of 12 - / 1 TII View Policies Current Attempt in Progress Hercules Company purchased a computer for $4,500 on December 1. It
Question 9 of 12 - / 1 TII View Policies Current Attempt in Progress Hercules Company purchased a computer for $4,500 on December 1. It is estimated that annual depreciation on the computer will be $900. If financial statements are to be prepared on December 31, the company should make the following adjusting entry: Debit Office Equipment. $4,500; Credit Accumulated Depreciation $4,500. Debit Depreciation Expense, $900: Credit Accumulated Depreciation. $900. Debit Depreciation Expense, $75; Credit Accumulated Depreciation, $75. Debit Depreciation Expense, $3,600: Credit Accumulated Depreciation, $3,600. eTextbook and Media Save for Later Attempts: 0 of 3 used Submit
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