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I need help putting this into a Journal entry The following are the transactions of Morrell Corporation. MorrellCorporationdisposedoftwocomputersattheendoftheirusefullives.Thecomputershadcost$4,800andtheirAccumulatedDepreciationwas$4,800.Noresidualvaluewasreceived. Assume the same information as (a), except
I need help putting this into a Journal entry
The following are the transactions of Morrell Corporation.
- MorrellCorporationdisposedoftwocomputersattheendoftheirusefullives.Thecomputershadcost$4,800andtheirAccumulatedDepreciationwas$4,800.Noresidualvaluewasreceived.
- Assume the same information as (a), except that Accumulated Depreciation, updated to the date of disposal, was $3,600.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
