Business
Business, 05.12.2019 00:31, kezin

Wells company's delivery truck, with a cost of $56,000 was destroyed by fire. at the time of the fire, the balance of the accumulated depreciation account amounted to $38,000. the company received $32,000 reimbursement from its insurance company. the gain or loss as a result of the fire ) $24,000 loss.(b) $14,000 loss.(c) $24,000 gain.(d) $14,000 gain.

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