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majestico majestico
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Posts: 1455
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6 years ago
Equipment that originally cost $900 with no salvage value has accumulated depreciation of $700. The equipment is discarded. The transaction to record the discarding of the equipment would result in a:
A) loss of $900.
B) loss of $200.
C) loss of $700.
D) gain of $900.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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Posts: 676
6 years ago
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majestico Author
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6 years ago
Brilliant
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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