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Author Question: Daniel's end-of-period spreadsheet at the end of July has 4,950 in the Balance Sheet Credit column ... (Read 61 times)

mckennatimberlake

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Daniel's end-of-period spreadsheet at the end of July has 4,950 in the Balance Sheet Credit column for Accumulated Depreciation. The end-of-period spreadsheet at the end of August has 7,600 in the Balance Sheet Credit column for Accumulated Depreciation. What was the amount of the depreciation expense adjustment for the month of August?
 a. 12,550
  b. 7,600
  c. 4,950
  d. 2,650

Question 2

Sensitivity analysis is a useful tool that helps managers evaluate risks.
 
  Indicate whether this statement is true or false.



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ky860224

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Answer to Question 1

d

Answer to Question 2

Answer: TRUE




mckennatimberlake

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it


upturnedfurball

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

 

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