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Selected T-account balances for Bloomfield Company are shown below as of January 31, 2017; accounting adjustments have already been posted. The firm uses a calendar-year

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Selected T-account balances for Bloomfield Company are shown below as of January 31, 2017; accounting adjustments have already been posted. The firm uses a calendar-year accounting period but prepares monthly adjustments. Truck - $10,200 Accumulated Depreciation Truck - ($2,040) If the truck has a useful life of five years (or 60 months), how many months has Bloomfield owned the truck? 12 months O 18 months 3 months 24 months

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