Question: Ace Electronics bought a new cash register for $2,500. Ace originally planned to use the cash register for 4 years and then sell it for
Ace Electronics bought a new cash register for $2,500. Ace originally planned to use the cash register for 4 years and then sell it for $200. After 4 years, Ace had recorded $2,300 of depreciation. If Ace continues to use the cash register, still planning to sell it eventually for $200, then Ace should record Blank______. Multiple choice question. no additional depreciation $200 of additional depreciation $575 of additional depreciation the removal of the cash register from its books because it is fully depreciated
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