Cher Company purchased equipment for ($ 12,000). By the current balance sheet date, ($ 7,000) had been

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Cher Company purchased equipment for \(\$ 12,000\). By the current balance sheet date, \(\$ 7,000\) had been depreciated. Indicate the balance sheet presentation of the data.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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