Business, 03.12.2020 19:50 anthonyhaywood
A company sold equipment that originally cost $260,000 for $130,000 cash. The accumulated depreciation on the equipment was $130,000. The company should recognize a:
A. $130,000 loss.
B. $0 gain or loss.
C. $65,000 loss.
D. $130,000 gain.
E. $65,000 gain.
Answers: 3
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A company sold equipment that originally cost $260,000 for $130,000 cash. The accumulated depreciati...
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