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On January 1, 2019, Honor Corp. sold equipment to AP Inc. for $50,000 in cash. The equipment originally cost $80,000 but had a book value
On January 1, 2019, Honor Corp. sold equipment to AP Inc. for $50,000 in cash. The equipment originally cost $80,000 but had a book value of only $40,000 when transferred. On that date, the equipment ...
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
