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A company bought a computer for $1,500. Three years later, the computer was sold for $300. Assuming a 5-year estimated service life and straight line
A company bought a computer for $1,500. Three years later, the computer was sold for $300. Assuming a 5-year estimated service life and straight line depreciation, which account(s) would be used to record the disposal of the asset? Select all that apply. Sales income Fixed assets Gain/loss on sale of asset Accumulated depreciation Depreciation expense Report Problem Don't worry, this won't interrupt your assessment Timm Continue
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