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3 . On December 1, Year 3, Bud sold a light-duty truck (Sec. 1245 asset) used in his business for $27,000. Bud purchased the truck
3 . On December 1, Year 3, Bud sold a light-duty truck (Sec. 1245 asset) used in his business for $27,000. Bud purchased the truck on January 1, Year 1, for $25,000 and took $15,400 in depreciation ...
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
