Wang Co. has delivery equipment that cost $50,000 and has been depreciated $24,000. Instructions Record entries for
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Wang Co. has delivery equipment that cost $50,000 and has been depreciated $24,000.
Instructions Record entries for the disposal under the following assumptions.
(a) It was scrapped as having no value.
(b) It was sold for $37,000.
(c) It was sold for $20,000.
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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