Question
A photocopier cost $97,000 when new and has accumulated depreciation of $94,000. If the business discards this plant asset, the result is ________. A. a
A photocopier cost $97,000 when new and has accumulated depreciation of $94,000. If the business discards this plant asset, the result is ________.
A. a loss of 94,000
B. a loss of $3,000
C. a gain of $3,000
D. no gain or no loss
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Auditing Teams Dynamics And Efficiency
Authors: Mara Cameran, Angelo Ditillo, Angela Pettinicchio
1st Edition
1032097000, 9781032097008
