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When a company records the sale of equipment for cash after using it for two years A. the accumulated depreciation account is neither debited nor

When a company records the sale of equipment for cash after using it for two years

A. the accumulated depreciation account is neither debited nor credited

B. the accumulated depreciation account is credited

C. the accumulated depreciation account is debited

The cost of a machine purchased by signing a zero-interest-bearing note

A. is the present value of the note

B. is the discount on the note

C. is the face value of the note

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