Question: https//m /connect.html Seve & Exit Help aston owns equipment that cost $26,500 with accumulated depreciation of $18,550. Gaston asks $12,200 for the equipment but sells
https//m /connect.html Seve & Exit Help aston owns equipment that cost $26,500 with accumulated depreciation of $18,550. Gaston asks $12,200 for the equipment but sells the quipment for $7,200. Which of the following would norbe part of the journal entry to record the disposal of the equipment? Multiple Choice Debit Accumulated Depreciation $18,550 Credit Gain on Disposal of Equipment $750 Debit Loss on Disposal of Equipment $750 Debit Cash $7 200 K Prev 2 of 5 Next 7 8 9 5 6
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