Author Question: On January 1, 2011, We Haul, Inc. bought a 48,000 truck, which has no residual value and an expected ... (Read 198 times)

SGallaher96

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On January 1, 2011, We Haul, Inc. bought a 48,000 truck, which has no residual value and an expected life of 6 years. How much accumulated depreciation should the company report at December 31, 2012?
 
  A) 8,000
  B) 16,000
  C) 24,000
  D) 40,000

Question 2

A system for making federal tax deposits electronically is called the ___________________ _.
 Fill in the blank(s) with correct word



nekcihc358

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Answer to Question 1

B

Answer to Question 2

Electronic Federal Tax Payment System



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