Business
Business, 05.11.2019 00:31, Sylnatius6736

Equipment purchased for $ 90,000 on january 1, 2020, was sold on july 1, 2023. the company uses the straightminusline method of computing depreciation and recognizes $ 12,000 of depreciation expense annually. when recording the sale, the company should record a debit to accumulated for:
a. $ 0.
b. $ 48,000.
c. $ 36,000.
d. $ 42,000.

answer
Answers: 1

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Equipment purchased for $ 90,000 on january 1, 2020, was sold on july 1, 2023. the company uses the...

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