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Question 12. Question : A company purchased a delivery van for $23,000 with a salvage value of $3,000 on September 1, 2010. It has an estimated useful life of 5 years. Using the straight-line method, how much depreciation expense should the company recognize on December 31, 2010? $1,000 $1,333 $1,533 $4,000 $4,600 Question 13. Question : customer would result in: A credit sale of $2,500 to a A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger