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On January 11,2017,Ace Electronics Bought a New Cash Register for $2,500.In

Question 152

Multiple Choice

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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