Question
Exercise 9-7 Wang Co. has delivery equipment that cost $56,700and has been depreciated $23,450. Record entries for the disposal under the following assumptions.(Credit account titles
Wang Co. has delivery equipment that cost $56,700and has been depreciated $23,450.
Record entries for the disposal under the following assumptions.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
| (a) | It was scrapped as having no value. |
| (b) | It was sold for $36,700. |
| (c) | It was sold for $19,510. |
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
