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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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