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Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciation-Equipment account of $260.000. The depreciation expense on the equipment for the year was
Tom's Roadside Burger Stand has a beginning balance in the Accumulated Depreciation-Equipment 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 Depreciation-Equipment account was $140,000. What was the accumulated depreciation on the equipment sold during the year? O A. $110,000 OB $120,000 OC. $150,000 OD. $230,000
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