Business, 13.09.2019 02:30 nuclislath7957

The balance in the equipment account is $4,900,000, and the balance in the accumulated depreciation—equipment account is $2,646,000. a. what is the book value of the equipment? $ b. does the balance in the accumulated depreciation account mean that the equipment's loss of value is $2,646,000? , because depreciation is an allocation of the of the equipment to the periods benefiting from its use.

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The balance in the equipment account is $4,900,000, and the balance in the accumulated depreciation—...