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Pc processing owns computer equipment with a cost of $45,000 and accumulated depreciation of $13,500 at January 20X6. The computer equipment is depreciated at 30

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Pc processing owns computer equipment with a cost of $45,000 and accumulated depreciation of $13,500 at January 20X6. The computer equipment is depreciated at 30 per year, using the straight-line method, on a monthly basis. On 1 July 20X6, the company sold all of the computer equipment for $28,750. Required: Prepare the ledger acccunts record the disposal and show the profit or loss on disposal transferred to the Income Statement at the year ended 31 December 20x6. Pc processing owns computer equipment with a cost of $45,000 and accumulated depreciation of $13,500 at January 20X6. The computer equipment is depreciated at 30% per year, using the straight-line method, on a monthly basis. On 1 July 20X6, the company sold all of the computer equipment for $28,750. Required: Prepare the ledger accounts record the disposal and show the profit or loss on disposal transferred to the Income Statement at the year ended 31 December 20X6

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