Question
During 2021, equipment was sold for $460000. The equipment cost $784000 and had a book value of $432000. Accumulated DepreciationEquipment was $2060000 on 12/31/20 and
During 2021, equipment was sold for $460000. The equipment cost $784000 and had a book value of $432000. Accumulated Depreciation—Equipment was $2060000 on 12/31/20 and $2259000 on 12/31/21. Depreciation expense for 2021 was?
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Answer Depreciation expense for 2021 was 551000 ...
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
