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Vermeer's has equipment that cost $40,000 and that has been depreciated $29,000. Record the disposal under the following assumptions. A) It was scrapped as having
Vermeer's has equipment that cost $40,000 and that has been depreciated $29,000.
Record the disposal under the following assumptions.
A) It was scrapped as having no value.
B) It was sold for $24,000.
C) It was sold for $10,000.
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