Use the Following Information for Questions

question 43

Multiple Choice

Use the following information for questions.
Financial statements for Kiner Company are given below:

Total assets on the statement of financial position at December 31, 2011 are $2,216,000.Accumulated deprecia-tion on the equipment sold was $112,000.
-When the equipment was sold, the Buildings and Equipment account received a credit of

• A)$96,000.
• B)$208,000.
• C)$160,000.
• D)$112,000.

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Definitions:

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Strategic process of ensuring an organization has the right number of people with the right skills at the right time to achieve its objectives.