CVN sold an industrial oven, They had paid $60,000 for the oven and depreciated it...
60.1K
Verified Solution
Link Copied!
Question
Accounting
CVN sold an industrial oven, They had paid $60,000 for the oven and depreciated it in total by $32,000. When they sold it they recorded a loss of $5,000. For how much did they sell the oven
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!