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Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciationlong dashEquipment account of $260,000. The depreciation expense on the equipment for the year
Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciationlong dashEquipment account of $260,000. The depreciation expense on the equipment for the year was $30,000. At the end of the year, the balance in the Accumulated Depreciationlong dashEquipment account was $140,000. What was the accumulated depreciation on the equipment sold during the year? Question content area bottom Part 1 A. $230,000 B. $150,000 C. $120,000 D. $110,000
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