Sabrina's Fabric Land Bought $5,000 of Equipment at the Beginning

question 21

Multiple Choice

Sabrina's Fabric Land bought $5,000 of equipment at the beginning of 2019. Amortization expense on the 2019 income statement is $400. What is the balance in accumulated amortization on December 31, 2019?

• A)$5,000
• B)$400
• C)$4,600
• D)$0

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Definitions:

Women

Adult human females, often discussed in the context of social, political, and economic rights and roles.

Expanded

Refers to something that has been made larger or more extensive.

Traitors

Individuals who betray trust or allegiance typically to their own country.

Confederacy

Refers to the Confederate States of America, a collection of 11 southern states that seceded from the United States from 1860 to 1865, leading to the American Civil War.