The normal balance of an account is the increase side of the account

Downs Tax Planning Service bought communications equipment for $9,600 on January 1, 2017. It has an estimated useful life of five years and zero residual value. Downs uses the straight-line method to calculate depreciation and records depreciation expense in the books at the end of every month. As of June 30, 2017, the balance in the Accumulated Depreciation account for this equipment is ________.

A) $160 B) $1,920 C) $800 D) $960

There are many exceptions to the assumption that consumers in nations close to one another will have many common behaviors and traits

Indicate whether the statement is true or false