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You Purchased a Car for $28 000 and You Can

Question 123

Multiple Choice

You purchased a car for $28 000 and you can sell it for $22 000. A website suggests your car is worth between $23 000 and $23 500. You should list it on your balance sheet for


A) $28 000.
B) $23 500.
C) $23 000.
D) $22 000.

Correct Answer:

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