Jason Moore Purchased Computer Equipment for $2,800 on January 1,2012

question 144

Multiple Choice

Jason Moore purchased computer equipment for $2,800 on January 1,2012.It has a residual value of $400 with a useful life of 4 years.After the appropriate adjusting entries have been made,the balance in Accumulated Depreciation account for this asset on January 1,2014,under the straight-line method,should be:

• A)$1,200.
• B)$600.
• C)$700.
• D)$1,400.

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Definitions:

Opinion Leadership

The ability of an individual to influence the opinions or behaviors of others within a community or group, often due to expertise or social status.

Word-Of-Mouth Activity

The act of consumers providing information to others about products or services verbally or through digital channels, influencing perceptions and decisions.

Personal Influence

The effect an individual has on another's feelings, opinions, or behaviors through direct or indirect means.

Marketing

The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.