Hank's Tax Planning Service has the following plant assets: Communications equipment: Cost,$4,800; useful life 8 years
Furniture: Cost,$15,840; useful life 12 years
Computer equipment: Cost,$10,080; useful life 4 years
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Hank's monthly depreciation entry will include a:
A) debit to depreciation expense of $210.
B) credit to depreciation expense of $370.
C) debit to Accumulated Depreciation of $210.
D) credit to Accumulated Depreciation of $370.
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