Table 4.1
Ruff Sandpaper Co.
Balance Sheets
For the Years Ended 2009 and 2010
-The depreciation expense for 2010 is ________. (See Table 4.1)
A) $0
B) $200
C) $50
D) $1,000

Name: Table 4.1 Ruff Sandpaper Co. Balance Sheets For the Years Ended 2009 and 2010 -The depreciation expense for 2010 is ________. (See Table 4.1) A) $0 B) $200 C) $50 D) $1,000
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Question

Table 4.1
Ruff Sandpaper Co.
Balance Sheets
For the Years Ended 2009 and 2010 
-The depreciation expense for 2010 is ________. (See Table 4.1)
A) $0 
B) $200 
C) $50 
D) $1,000

Quizplus · Accepted Answer

The depreciation expense for 2010 is $200. This is calculated by taking the cost of the asset ($1,000) and dividing it by the useful life (5 years).