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-   -   A truck costing $15,000 and on which $13,000 of accumulated depreciation has been re- (https://www.askmehelpdesk.com/showthread.php?t=519596)

  • Oct 23, 2010, 06:47 PM
    quianna11
    A truck costing $15,000 and on which $13,000 of accumulated depreciation has been re-
    A truck costing $15,000 and on which $13,000 of accumulated depreciation has been re-corded was discarded as having no value. The entry to record this event would include a:
    A) gain of $2,000.
    B) loss of $2,000.
    C) credit to Accumulated Depreciation for $13,000.
    D) credit to Accumulated Depreciation for $15,000.

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