Question
17 A company sells a plant aceet which originally cost $353000 for $125000 on December 31, 2021. The Accumulated Depreciabon account had a balance of
17 A company sells a plant aceet which originally cost $353000 for $125000 on December 31, 2021. The Accumulated Depreciabon account had a balance of $141000 after the current year's depreciation of $40000 had been recorded. The company should recognice O $6000 gain on disposal. Os06000 los en dsposal. O $46000 loss on disposal, O $227000 loss on disposal Question 16 On a bank reconciliation, EFT collection by the bank is Odeducted from the book balance. O added to the book balance. added to the bank balance. O deducted from the bank balance. LINK TO TEXT BACK Question 17 A company sells a plant asset which orginally cost $333000 for $120000 on December 31, 2021. The Accumulated Depreciation accent had a balance of $143000 after the current year's depreciation of $40000 had been recorded. The company should recognize a Os86000 gain on disposal O $86000 loss on disposal. O $45000 loss on disposal. $227000 loss on disposal) LINK TO TEXT. Question Attempts: 0 of 2 used
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