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Author Question: A credit memo states the amount of a sales allowance or return. a. True b. False Indicate ... (Read 102 times)

Davideckstein7

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on: Jul 5, 2018
A credit memo states the amount of a sales allowance or return.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

On January 1, 2010, We Haul, Inc. bought a 48,000 truck, which has no residual value and an expected life of 6 years. What is the book value of the truck at December 31, 2012?
 
  A) 48,000
  B) 24,000
  C) 32,000
  D) 40,000


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Chocorrol77

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


Davideckstein7

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Reply 2 on: Jul 5, 2018
Excellent

abro1885

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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