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12 January, 14:00

An asset is purchased on April 1st and has an annual depreciation amount of $3,600. Using the straight-line method of depreciation, what is the depreciation expense on December 31st?

$3,000

$2,700

$2,900

$3,240

+2
Answers (2)
  1. 12 January, 16:51
    0
    The answer to your question is 2,700
  2. 12 January, 17:27
    0
    From April to December = 9 months

    the depreciation expense

    3,600 * (9:12) = 2,700
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