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5. Equipment used for business was sold for $12,000. It was originally purchased for $20,000 and had $8,400 of accumulated depreciation. Wha gain or
5. Equipment used for business was sold for $12,000. It was originally purchased for $20,000 and had $8,400 of accumulated depreciation. Wha gain or loss? Note: Enter a whole number only. Do not enter a $ sign or a comma. Enter a negative number ("loss") with a "-" preceding the number. Enter answer here
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
