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The following information is for X Company for 2019: Equipment, January 1 ?? Equipment, December 31 $15,184 Purchases of equipment $6,577 Cost of equipment sold
The following information is for X Company for 2019:
Equipment, January 1 | ?? |
Equipment, December 31 | $15,184 |
Purchases of equipment | $6,577 |
Cost of equipment sold | $3,779 |
Depreciation expense | $1,334 |
What was the balance of the Equipment account on January 1, 2019?
A: $3,104 | B: $4,500 | C: $6,526 | D: $9,462 | E: $13,720 | F: $19,894 |
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