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The Sale of Equipment for $10,000 that cost $15,000, and had Accumulated Depreciation of $6,000 would result in: (a) Loss or Gain or Break Even;
The Sale of Equipment for $10,000 that cost $15,000, and had Accumulated Depreciation of $6,000 would result in:
(a)
Loss or Gain or Break Even;
(b)
Determine the amount of Loss or Gain or Break Even;
(c)
Open and do the entries into the appropriate T-accounts;
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