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On 1/1/20, S sold equipment with a cost of $280,000, accumulateddepreciation of $50,000 and a remaining useful life of 5 years, toits parent company P,
On 1/1/20, S sold equipment with a cost of $280,000, accumulateddepreciation of $50,000 and a remaining useful life of 5 years, toits parent company P, for $270,000. S and P both use the straightli 2 answers
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
