Business
Business, 27.01.2020 22:31, timothyashburn8

On december 31st, management decides to sell one piece of equipment with a historical cost of $15,000, and accumulated depreciation of $3,000. at the end of its useful life this equipment was previously deemed to have no salvage value. cash proceeds on this sale were $10,000.
transaction has not been recorded.

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On december 31st, management decides to sell one piece of equipment with a historical cost of $15,00...

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