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Equipment with a historical cost of 95,000 and Accumulated Depreciation of $25,000 is junked. No cash is received upon disposal. Which journal entry is necessary?
Equipment with a historical cost of 95,000 and Accumulated Depreciation of $25,000 is junked. No cash is received upon disposal. Which journal entry is necessary?
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Accounting For Non Accounting Students
Authors: John R. Dyson
7th Edition
0273709224, 9780273709220
