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The following normal balances appears on the adjusted trial balance of Portland National Company

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The following normal balances appears on the adjusted trial balance of Portland National Company;Equipment $125,000;Accum. Depreciation, Equip 15,000;Depreciation, Exp. Equip 5000;The book value of the equipment is: (a). 105,000 (b).110,000 (c). 120,000 (d). (d) 95,000

 

Paper#20790 | Written in 18-Jul-2015

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