Please refer to Table 3-1 for the following questions.
Table 3-1
Jones Company
Financial Information

-Based on the information in Table 3-1,assuming that no assets were disposed of during 2010,the amount of depreciation expense was
A) $375.
B) $500.
C) $2,500.
D) $3,500.

Question

Please refer to Table 3-1 for the following questions.
Table 3-1
Jones Company
Financial Information
 
-Based on the information in Table 3-1,assuming that no assets were disposed of during 2010,the amount of depreciation expense was
A) $375. 
B) $500. 
C) $2,500. 
D) $3,500.

Quizplus · Accepted Answer

The correct choice is B, $500, assuming the table indicates that the depreciation expense for the year 2010 is $500.

Please Refer to Table 3-1 for the Following Questions