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Roof Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23,000 cash Paid $500 to have the equipment
Roof Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23,000 cash Paid $500 to have the equipment shipped to its facility Paid $1,700 to have the equipment installed Paid $1,200 for repair and maintenance on its office building Recognized depreciation of $11,000 on buildings and equipment 7 As a result of these events, property, plant and equipment will increase: Multiple Choice $14,200 O $12,000 $15,400 $12,500 i Roof Company incurred the following amounts in the month of December Year 1: Event Acquired equipment for $23,000 cash Paid $500 to have the equipment shipped to its facility Paid $1,700 to have the equipment installed Paid $1,200 for repair and maintenance on its office building Recognized depreciation of $11,000 on buildings and equipment As a result of these events, property, plant and equipment will increase: Multiple Choice 0 $14,200 Paid $1,200 for repair and maintenance on its office building Recognized depreciation of $11,000 on buildings and equipment As a result of these events, property, plant and equipment will increase Multiple Choice $14,200 $12,000 $15.400 $12,500 $13,700
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