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A company that has Equipment that cost $50,000 with accumulated depreciation totaling $50,000 decides to retire the equipment from use. This retirement will result in:
A company that has Equipment that cost $50,000 with accumulated depreciation totaling $50,000 decides to retire the equipment from use. This retirement will result in: OA loss of $50,000 O No gain or loss. OA gain of $50,000 O None of these answers are correct
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