Question
P10-6A Record disposals . (LO 3) Ceda Co. has equipment that cost $80,000 and that has been depreciated $50,000. Instructions Record the disposal under the
P10-6A
Record disposals.
(LO 3)
Ceda Co. has equipment that cost $80,000 and that has been depreciated $50,000.
Instructions
Record the disposal under the following assumptions.
(a)
It was scrapped as having no value.
(b)
It was sold for $21,000.
$9,000 loss
(c)
It was sold for $31,000.
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Microeconomics Theory And Applications
Authors: Edgar K. Browning, Mark A. Zupan
10th Edition
0470128917, 9780470128916
