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Depreciation for the year was $11,690

by | Dec 1, 2023 | Posted Questions

Depreciation for the year was $11,690. Inventories was $3,760 at the beginning of the year was $1,990 at the end of the year. Accounts Receivable was $11,670 at the beginning of the year was $16,220 at the end of the year. Accounts Payable was $6,780 at the beginning of the year was $3,050 at the end of the year. Equipment with a book value of $44,120 was sold for $48,260.

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