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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
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