On january 1 2009 grills and grates inc purchased equipment
On January 1, 2009, Grills and Grates Inc. purchased equipment for $30,000. The company is depreciating the equipment at the rate of $400 per month. At January 31, 2010, the balance in Accumulated Depreciation is
$4,800.
$400.
$24,800.
$5,200.
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