Question
The following information is for X Company for 2019: Equipment, January 1 $12,200 Equipment, December 31 $15,904 Purchases of equipment $9,200 Cost of equipment sold
The following information is for X Company for 2019:
Equipment, January 1 $12,200
Equipment, December 31 $15,904
Purchases of equipment $9,200
Cost of equipment sold $3,864
Depreciation expense ??
What was depreciation expense in 2019?
A: $535 B: $668 C: $836 D: $1,044 E: $1,306 F: $1,632
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
9th edition
9781483375014, 1483375013, 9781506300108, 1506300103, 978-1483375021
