On January 11,2017,Ace Electronics bought a new cash register for $2,500.In calculating depreciation expense for the year ended December 31,2017,Ace's accountant will assume that the cash register was purchased on:
A) January 1, 2017
B) January 11, 2017
C) January 31, 2017
D) February 1, 2017
Correct Answer:
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