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Halcyon Company purchased equipment on January 2nd, 2019, for $75,000. On December 30th, 2022, when the book value was $16,225, the company decided to discard
Halcyon Company purchased equipment on January 2nd, 2019, for $75,000. On December 30th, 2022, when the book value was $16,225, the company decided to discard the equipment. Journalize the appropriate entry on December 30th, 2022. Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment Accumulated Depreciation-Equipment Equipment Accumulated Depreciation-Equipment Depreciation Expense-Equipment Equipment Accumulated Depreciation-Equipment Gain on Disposal of Plant Assets Equipment 58,775 16,225 75,000 58,775 16,225 58,775 16,225 75,000 75,000 75,000 75,000 Hatcyon Company purchased equipment on January 2nd,2019, for $75,000, On December 30th,2022, when the book value was $16,225, the comparv decided to discard the equipment. Jeurmalize the appropriate entry on December 30th:2022. Halcyon Company purchased equipment on January 2nd,2019, for $75,000 On December 30th,2022, when the book value was S16.225, the compary decided to discard the ecauinent. Journalize the arconopriate entrvon December 30th,2022
Halcyon Company purchased equipment on January 2nd, 2019, for $75,000. On December 30th, 2022, when the book value was $16,225, the company decided to discard the equipment. Journalize the appropriate entry on December 30th, 2022. Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment Accumulated Depreciation-Equipment Equipment Accumulated Depreciation-Equipment Depreciation Expense-Equipment Equipment Accumulated Depreciation-Equipment Gain on Disposal of Plant Assets Equipment 58,775 16,225 75,000 58,775 16,225 58,775 16,225 75,000 75,000 75,000 75,000
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