Question
3. The following are transactions for the city of Greenville a. Issued $50,000 10 year bonds b. Used $30,000 of the cash to buy a
3. The following are transactions for the city of Greenville
a. Issued $50,000 10 year bonds
b. Used $30,000 of the cash to buy a truck
c. Sold the truck that was replaced which had cost $28,000, for $2,000. The old truck was fully depreciated. Residual value is zero
d. Computed depreciation on the new truck for the year of $6,000
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Research Methods For Accounting And Finance Global Management Series
Authors: Audrey Paterson, Kevin D. Ogorman, David Leung, Robert Macintosh, William Jackson
1st Edition
1910158895, 978-1910158890
