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Kemp Co. has delivery equipment that cost $50,000 and has been depreciated $24,000. Record entries for the disposal under the following assumptions. a) It was

Kemp Co. has delivery equipment that cost $50,000 and has been depreciated $24,000. Record entries for the disposal under the following assumptions. a) It was scrapped as having no value. b) It was sold for $37,000. c) It was sold for $20,000

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