Question
New Equipment acquired: January 1, 2020 Price: $25,000 Trade-in value: $16,000 /10,000/ 15,000 Payment in cash: $9,000 / 15,000 / 10,000 Old cost of equipment:
New Equipment acquired: January 1, 2020
Price: $25,000
Trade-in value: $16,000 /10,000/ 15,000
Payment in cash: $9,000 / 15,000 / 10,000
Old cost of equipment: $20,000
Accumulated depreciation to date of Exchange $5,000
Book value to date: $15,000
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Energy Audit And Management Concept Methodologies Procedures And Case Studies
Authors: L. Ashok Kumar, Gokul Ganesan
1st Edition
978-1032067797
