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A truck that cost $72800 and on which $60800 of accumulated depreciation has been recorded was disposed of for $18400 cash. The entry to record
A truck that cost $72800 and on which $60800 of accumulated depreciation has been recorded was disposed of for $18400 cash. The entry to record this event would include a loss of $6400. gain of $6400. O credit to Accumulated Depreciation for $60800. O credit to the Equipment account for $12000
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