Title: Refer to Table 10-8. What is the journal entry to record the sale of the machine at the end of 2014 ... Post by: gOOvER on Sep 20, 2017 Refer to Table 10-8. What is the journal entry to record the sale of the machine at the end of 2014 for $26,500 if the company uses straight-line amortization?
A) Cash 26,500 Accumulated amortization, machine 6,000 Gain on sale of machine 7,500 Machine 40,000 B) Cash 26,500 Accumulated amortization, machine 6,000 Loss on sale of machine 7,500 Machine 40,000 C) Cash 26,500 Loss on sale of machine 1,500 Machine 28,000 D) Cash 26,500 Accumulated amortization, machine 12,000 Loss on sale of machine 1,500 Machine 40,000 Title: Re: Refer to Table 10-8. What is the journal entry to record the sale of the machine at the end of ... Post by: raovatallpy on Sep 20, 2017 Content hidden
Title: Re: Refer to Table 10-8. What is the journal entry to record the sale of the machine at the end of 2014 ... Post by: gOOvER on Aug 6, 2018 Best answer
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