Business, 20.12.2019 04:31 lee9724

On december 31, strike company has decided to sell one of its batting cages. the initial cost of the equipment was $215,000 with an accumulated depreciation of $185,000. depreciation has been taken up to the end of the year. the company found a company that is willing to buy the equipment for $30,000. what is the amount of the gain or loss on this transaction?

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On december 31, strike company has decided to sell one of its batting cages. the initial cost of the...

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