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Question 7 A truck cost $60,000 when purchased and has a $60,000 balance in the accumulated depreciation account. If the truck is discarded we will

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Question 7 A truck cost $60,000 when purchased and has a $60,000 balance in the accumulated depreciation account. If the truck is discarded we will record: O debit to truck, $60,000 O credit to accumulated depreciation, $60,000 debit to accumulated depreciation, $60,000 O loss on disposal, $60,000

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