Business, 21.04.2020 23:59 katherineweightman

Garcia Co. owns equipment that cost $81,200, with accumulated depreciation of $43,000. Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for (1) $50,300 cash, (2) $38,200 cash, and (3) $33,100 cash.

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Garcia Co. owns equipment that cost $81,200, with accumulated depreciation of $43,000. Garcia sells...

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