Question
On December 1, 2015, the company purchased a delivery van for $50,000 which is expected to last 60 months.The trade-in value of the van on
On December 1, 2015, the company purchased a delivery van for $50,000 which is expected to last 60 months.The trade-in value of the van on December 31, 2015 is $45,000.
The adjusting journal entry on December 31, 2015 is:
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College Accounting
Authors: James A Heintz, Robert W Parry
20th Edition
538745215, 978-1111624743
