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2 8 Tonto Company purchased property for $115.000. The property included a building. eument and land. The building was appraised at $68.000 the land at

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2 8 Tonto Company purchased property for $115.000. The property included a building. eument and land. The building was appraised at $68.000 the land at 58000, and the cost to be located to the building in the accounting records found your intermediate calculations to decimal places.) mental 000 Whatsamt Multiple Choice 55755 515.000 Every transaction: Multiple Choice 2:15:44) o is analyzed from the standpoint of the business owners. bok o has at least two effects on the basic accounting equation. o affects only balance sheet accounts or only income statement accounts. o increases one account and decreases another account. A trucking company sold feet of trucks for $55.800. The trucks orginally cost $1.446.000 and had Accumulated Depreciation of $1271000 recorded through the date of disposal. What gain or loss did the trucking company record when sold the feet of trucks? Multiple Choice O Can of 10.200 Loss of $55.00 O Goin of $55,800 Loss of $10.200

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