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Please include details, thanks!!! My Subscriptions Dwayne D 1:1 Accounting principles and Practices Chapter 4 Chapter 4 Assignment Accounting sleuth: Reconstructing Entries Meubles Fischer SA
Please include details, thanks!!! My Subscriptions Dwayne D 1:1 Accounting principles and Practices Chapter 4 Chapter 4 Assignment Accounting sleuth: Reconstructing Entries Meubles Fischer SA had the following balances for its property, plant and equipment accounts (in thousands of euros: 30, 2012 30, 2013 Prepenty, plant and equipment at cost C1.000 E1200 Accumulated depreciation Property, plant and equipment, net CB10 During fiscal year 2013. Meubles Fischer acquired 110 thousand in property by signing a mortgage plus another 310 thousand in equipment for cash. The company also received e10in cash from the sale of used equipment, and its ncome statement reveals a thousand gain from this transaction. What was the original cost of the used equipment that Meubles FischerSA sold during fiscal year 2013? b. How much depreciation had been accumulated on the used equipment at the time it was sold? thousand How much depreciation expense did Meubles Fischer SA recognize in its fiscal year 2013 income statement? 0 thousand a
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