A company sells an office desk. You are provided with the following information: The original cost of

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A company sells an office desk. You are provided with the following information:

The original cost of the desk was $ $3, 000 .$ The desk is sold for $ $1, 000 .$ The value of the desk is $ $1, 500 .$ The opening UCC balance in Class $8$ is $ $18, 000$ .A new desk is purchased for $ $2, 000 .$

What amount is recorded as a disposition in Class $8 ?$

Related Book For answer-question

Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum,

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Posted Date: Jan 25, 2024 08:18 AM

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A company sells an office desk. You are provided with the following information: The original cost of

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Based on the provided information we calculate the disposition amount as follows The Undepreciated C... View the full answer

Applied Calculus

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