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Question 14 0.5 pts A truck that cost $48,000 is discarded as worthless. The truck had already been depreciated by $40,000. The entry to record
Question 14 0.5 pts A truck that cost $48,000 is discarded as worthless. The truck had already been depreciated by $40,000. The entry to record this event would include a credit to Accumulated Depreciation for $48,000. debit to Loss on Disposal of Plant Assets for $8,000. o credit to Gain on Disposal of Plant Assets for $8,000. debit to Depreciation Expense for $8,000. credit to Accumulated Depreciation for $8,000
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