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Sea-Land Inc. disposed one of its ships for $155,000 on July 1, 2012. The ship was purchased on January 1, 2011 for $205,000, and was
Sea-Land Inc. disposed one of its ships for $155,000 on July 1, 2012. The ship was purchased on January 1, 2011 for $205,000, and was estimated to have a useful life of 10 years with $5,000 salvage va...
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
11th Edition
111856667X, 978-1118566671
