Ceda Co. has equipment that cost $80,000 and that has been depreciated $S0,000. Instructions Record the disposal
Question:
Ceda Co. has equipment that cost $80,000 and that has been depreciated $S0,000.
Instructions
Record the disposal under the following assumptions.
a. It was discarded with no cash received.
b. It was sold for $21,000.
c. It was sold for $31,000.
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a The record disposal is as follows i Ending Stock ii Purchases cost of 80000 les...View the full answer
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Related Book For
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
Question Posted:
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