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Marigold Co. has equipment that cost $76,500 and that has been depreciated $49,600. Record the disposal under the following assumptions. (a) It was scrapped
Marigold Co. has equipment that cost $76,500 and that has been depreciated $49,600. Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was sold for $22,100. (c) It was sold for $28,200.
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