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December 1 The C equest for 20 is w hat p e the ople we r may e to be prepared on December 31. h Mowing
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Answer #1

Answer is option D

d. debit Depreciation Expense, $10,800; credit Accumulated Depreciation, $10,800.

Depreciation expense of $10800 is recorded in the income statement and accumulated depreciation of $10800 is deducted from the asset in the balance sheet.

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