Acct 210 firal Section 1. Protected View . Saved to this PC o search Dylan Layout References Mailings Review View Help - Internet can contain vises Unless you need to edit, it's safe to stay in Protected View Enable Editing 42. Equipment that cost $420,000 and on which s200,000 of accumulated depreciation has been recorded was disposed of for $180,000 cash, The entry to record this event would include a A) gain of $40,000, B) loss of $40,000, C) credit to the Equipment account for $220,000. D) credit to Accumulated Deprecintion for $200,000. 43. All of the following are reported as current liabilities except A) accounts payable B) bonds payable c) notes payable D) earned revenues 44. Sales taxes collected by a retailer are recorded by A) crediting Sales Taxes Revenue. B) debiting Sales Tax Expense. C) crediting Sales Taxes Payable, D) debiting Sales Taxes Payable. 45. Secured bonds are bonds that A) are in the possession of a bank B) are registered in the name of the owner. C) have specific assets of the issuer pledged as collateral. D) have detachable interest coupons Focus ad