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A company sold equipment that originally cost $260,000 for $120,000 cash. The accumulated depreciation on the equipment was $140,000. The company should recognize a: Multiple
A company sold equipment that originally cost $260,000 for $120,000 cash. The accumulated depreciation on the equipment was $140,000. The company should recognize a: Multiple Choice O so gain or loss $70,000 gain $70,000 loss $140,000 loss $120.000 gain
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