Question
Larissa purchased a printer costing $10,000 and then sold it for $2,000. It had accumulated depreciation of $9,000. Which of the following would be part
Larissa purchased a printer costing $10,000 and then sold it for $2,000. It had accumulated depreciation of $9,000. Which of the following would be part of the entry recording this event?
A. Credit Equipment $10,000
B. Credit Accumulated Amortization $9,000
C. Credit Equipment $2,000
D. Credit Salvage Value $2,000
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Fundamentals Of Human Resource Management
Authors: Raymond Noe
5th Edition
0471737933, 9780471737933
