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Find the amount recorded on the balance sheet

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Question - The following normal balances appear on the adjusted trial balance

Equipment $75,000

Accumulated depreciation $15,000

Depreciation expense $5,000

Find the amount recorded on the balance sheet as original asset cost?

a. $75,000

b. $70,000

c. $5,000

d. $60,000

Reference no: EM132597149

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