Question: The proper order for the accounting process is: a. transaction occurs, transaction analyzed, journalizing, and posting b. transaction occurs, posting, transaction analyzed, journalizing.

The proper order for the accounting process is: " a. transaction occurs, transaction analyzed, journalizing, and posting b. transaction occurs, posting, transaction analyzed, journalizing. " c. transaction occurs, posting, journalizing. O d. posting, transaction occurs, journalizing. On January 2, 2011, KJ Corporation acquired equipment for $280,000. The estimated life of the equipment is 5 years. What is the balance in Accumulated Depreciation on December 31, 2012? a. $112,400 b. $56,000 c. $168,000 d. $38,400

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