On November 22 of 2021, David Charles purchased a dishwasher for his rental property. The...
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Accounting
On November 22 of 2021, David Charles purchased a dishwasher for his rental property. The appliance was delivered on December 7, 2021 but was not installed and ready for use until January 3 of 2022. When is the dishwasher considered to be placed in service for the purposes of depreciation?
A. November 22, 2021
B. December 7, 2021
C. January 3, 2022
D. April 15, 2022
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