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Mildred received $ 30,000 in cash from the sale of a building that cost her $ 60,000 and had accumulated depreciation of $ 35,000. In
Mildred received $ 30,000 in cash from the sale of a building that cost her $ 60,000 and had accumulated depreciation of $ 35,000. In addition, the buyer assumed the mortgage of $ 12,000. What is the realized amount?
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
