Tresler co owns equipment that cost 92500 with accumulated depreciation
Tresler Co. owns equipment that cost $92,500, with accumulated depreciation of $54,000. Tresler sells the equipment for cash. Record the sale of the equipment assuming Tresler sells the equipment for.
(1) $42,000 cash.
(2) $38,500 cash.
(3) $31,000 cash.
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help