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Ceda Co. has equipment that cost $80,300 and that has been depreciated $49,700. Record the disposal under the following assumptions. (a) It was scrapped as
Ceda Co. has equipment that cost $80,300 and that has been depreciated $49,700. Record the disposal under the following assumptions.
(a) | It was scrapped as having no value. | |
(b) | It was sold for $24,200. | |
(c) | It was sold for $32,300. |
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