Question
consider equipment costing $8000 with accumulated depriciation of $6000 on December 31, 2020. this equipment is being depreciated using the straight line method over 8
consider equipment costing $8000 with accumulated depriciation of $6000 on December 31, 2020. this equipment is being depreciated using the straight line method over 8 years with zero residual value. on july 21, 2021 it is discarded. what is the journal entry to record the disposal?
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Financial Accounting The Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
2nd Edition
0030270995, 978-0030270994
