Business
Business, 10.06.2021 20:00, milkshakegrande101

On December 31, Strike Company sold one of its batting cages for $22,877. The equipment had an initial cost of $254,189 and had accumulated depreciation of $228,770. Depreciation has been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? a. gain of $20,000
b. loss of $30,000
c. loss of $20,000
d. gain of $30,000

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Answers: 2

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On December 31, Strike Company sold one of its batting cages for $22,877. The equipment had an initi...

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