Problem 3 Another Sleuth Question In 1 1 20x1 Co X sold a machine On that date the Machinery account had a balance of $400,000 and a balance of $500,000 at 2 31 x4 The Machinery Accumulated Depreciation Account had beginning and ending balances of $200,000 and $250,000, respectively During the year Co X purchased $120,000 of machinery and had $60,000 of Deprecation Expense How much of Machinery Cost was written off on the sale of Machinery How much of Machinery Cost was written off on the sale of Machinery If the company experienced a loss on the sale of machinery of , how much cash was collected when the machinery was sold

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Problem 3  Another Sleuth Question In 1 1  20x1 Co  X sold a machine  On that date the Machinery account had a balance of $400,000 and a balance of $500,000 at 2 31 x4  The Machinery Accumulated Depreciation Account had beginning and ending balances of $200,000 and $250,000, respectively  During the year Co  X purchased $120,000 of machinery and had $60,000 of Deprecation Expense How much of Machinery Cost was written off on the sale of Machinery  How much of Machinery Cost was written off on the sale of Machinery  If the company experienced a loss on the sale of machinery of , how much cash was collected when the machinery was sold

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Question: Problem 3: Another Sleuth Question In 1/1/ 20x1 Co. X sold a machine. On that date the Machinery account had a balance of $400,000 and

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