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Riverbed Co. has equipment that cost $79,100 and that has been depreciated $50,500. Record the disposal under the following assumptions. (a) It was scrapped as
Riverbed Co. has equipment that cost $79,100 and that has been depreciated $50,500. Record the disposal under the following assumptions.
(a) | It was scrapped as having no value. | |
(b) | It was sold for $23,000. | |
(c) | It was sold for $30,100. |
(Credit account titles are automatically indented when amount entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) No. Account Titles and Explanation Debit Credit (a) (b)
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