In the year ended December 31 2017 Hexham Inc Hexham reported net income of 5 100 000 which included a writeoff of 1 377 000 of company assets During 2017 accounts receivable increased by 137 700 inventory increased by 241 230 and accounts payable decreased by 20 650 Depreciation expense in 2017 was 382 500

In the year ended December 31 2017 Hexham Inc Hexham reported net income of 5 100 000 which included a writeoff of 1 377 000 of company assets During 2017 accounts receivable increased by 137 700 inventory increased by 241 230 and accounts payable decreased by 20 650 Depreciation expense in 2017 was 382 500

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Answer:- Accounts Title Dr($) Cr($) Dec 31 2017 Loss on Disposal of Assets 137700 View the full answer