Garcia Co. owns equipment that cost $76,800, with accumulated depreciation of $40,800. Garcia sells the equipment for
Question:
(1) $47,000 cash,
(2) $36,000 cash,
(3) $31,000 cash.
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Book value of old equipment 76800 40800 36000 1 Cash 47000 Accumulated depreciation 40800 Equip...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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