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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 37 times)

mckennatimberlake

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on: Jul 5, 2018
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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Reply #1 on: Jul 5, 2018
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

irishcancer18

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

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