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pls help A truck costing $42,000 and on which $30,000 of accumulated depreciation has been recorded was discarded as having no value. The entry to

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A truck costing $42,000 and on which $30,000 of accumulated depreciation has been recorded was discarded as having no value. The entry to record this event would include a 1) loss of $12,000 2) gain of $12,000 3) gain of $7,000. 4) loss of $7,000

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