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Equipment that cost $410000 and on which $190000 of accumulated depreciation has been recorded was disposed of for $170000 cash. The entry to record this
Equipment that cost $410000 and on which $190000 of accumulated depreciation has been recorded was disposed of for $170000 cash. The entry to record this event would include a O loss of $50000. O gain of $50000. O credit to Accumulated Depreciation for $190000. O credit to the Equipment account for $220000
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