Kelly Petroleum Products owns furniture that was purchased for $19,600. Accumulated depreciation is $17,300. The furniture was sold for $3,800. The gain from the sale of asset is $ ..... (fill in the blanks)

The expense associated with the cost of uncollectible accounts receivable is known as ... (fill in the blanks)

Which of the following is included in the cost of land?

a)The cost of fencing

b)The cost of paving

c)The cost of clearing the land

d)The cost of outdoor lighting