1 Help please I need this answer and I only have 1 hour please ...
50.1K
Verified Solution
Question
Accounting
1 Help please I need this answer and I only have 1 hour please
A business owns Computers which cost $45,000. They are expected to be used for 4 years after which they are expected to be sold for $5,000. Which of the following is the correct journal entry to record depreciation for 1 year? Select one: O a. Cr Depreciation expense $12,500 and Dr Accumulated Depreciation $12,500 b. Cr Depreciation expense $10,000 and Dr Accumulated Depreciation $10,000 c. Dr Depreciation expense $11.250 and Cr Accumulated Depreciation $11,250 d. Dr Depreciation expense $10,000 and Cr Accumulated Depreciation $10,000
1 Help please I need this answer and I only have 1 hour please

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.