How Many Automobile License Plates Can Be Made Involving 2

question 35

Multiple Choice

How many automobile license plates can be made involving 2 letters followed by either 3 or 4 digits?

• A) 7,536,000
• B) 7,416,000
• C) 7,436,000
• D) 7,476,000

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Definitions:

Accumulated Depreciation

The total amount of a tangible fixed asset's cost that has been charged to expense through depreciation over its useful life.

Carrying Amount

The net value of an asset or liability according to a company’s financial statements, calculated as the original cost minus any depreciation, amortization, or impairment costs.

Supplies Account

An account used to track the cost of supplies consumed during a period or the supplies on hand at the end of a period.

Adjusting Entry

A journal entry made at the end of an accounting period to update the ledger for revenues and expenses that have been earned or incurred but not yet recorded.