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An asset is purchased on April 1st and has an annual depreciation amount of $3,600. Using the straight-line method of depreciation, what is the depreciation expense on December 31st? $3,000 $2,700 $2,900
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Apr 13, 2018
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An asset is purchased on April 1st and has an annual depreciation amount of $3,600. Using the straight-line method of depreciation, what is the depreciation expense on December 31st?
$3,000
$2,700
$2,900
$3,240
Mathematics
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Fu Cheng
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Fu Cheng
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the answer to your question is
2,700
Sridhar Katakam
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Apr 13, 2018
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Sridhar Katakam
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6
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From April to December =9 months
the depreciation expense
3,600×(9÷12)=2,700
KGBird
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Apr 18, 2018
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KGBird
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