Napoli Manufacturing has old equipment that cost $52,000. The equipment has accumulated depreciation of $28,000. Napoli has
Question:
(a) What entry would Napoli make to record the sale of the equipment for $26,000 cash?
(b) What entry would Napoli make to record the sale of the equipment for $15,000 cash?
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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