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What is the dollar amount would record

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Question 1: We purchased a vehicle for $45,000. It has an estimated useful life of 5 years and no residual value. What is the dollar amount we would record in our adjusting entry each month for depreciation of the vehicle if we use the straight-line method of depreciation?

a) $9,000

b) $900

c) $750

d) $500

Reference no: EM132482213

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