Solved: How to enter the following information on an income, Accounting Basics

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How to enter the following information on an income

How to enter the following information on an Income Statement?

"New York Traders Inc. was operating a retail store at Chicago. Original cost of building and equipment was $120,000 with a book value of $95,000. During 2016 New York Traders disposed of this store at a loss of $35,800?."

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Accounting Basics: How to enter the following information on an income

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Accounting Basics: How to enter the following information on an income

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