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On January 1, 2021, Tamarisk, Inc. Purchased equipment for $26000. The company is depreciating the equipment at the rate of $1040 per month. At January 31, 2022, the balance in Accumulated Depreciation
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19 votes
On January 1, 2021, Tamarisk, Inc. Purchased equipment for $26000. The company is depreciating the equipment at the rate of $1040 per month. At January 31, 2022, the balance in Accumulated Depreciation is: __________

User Mleafer
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1 Answer

17 votes
17 votes

Answer:

$13,520

Step-by-step explanation:

Accumulated Depreciation = $1040 X 13 = $13,520

User Jay Ehsaniara
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