Wang co has delivery equipment that cost 48550 and has been


Question - Wang Co. has delivery equipment that cost $48,550 and has been depreciated $23,340.

Record entries for the disposal under the following assumptions.

(a) It was scrapped as having no value.

(b) It was sold for $36,080.

(c) It was sold for $19,880.

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Accounting Basics: Wang co has delivery equipment that cost 48550 and has been
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