Halcyon Company purchased equipment on January 2nd, 2019, for $75,000. On December 30th, 2022, when...
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Halcyon Company purchased equipment on January 2nd, 2019, for $75,000. On December 30th, 2022, when the book value was $16,225, the company decided to discard the equipment. Journalize the appropriate entry on December 30th, 2022. Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment Accumulated Depreciation-Equipment Equipment Accumulated Depreciation-Equipment Depreciation Expense-Equipment Equipment Accumulated Depreciation-Equipment Gain on Disposal of Plant Assets Equipment 58,775 16,225 75,000 58,775 16,225 58,775 16,225 75,000 75,000 75,000 75,000
Hatcyon Company purchased equipment on January 2nd,2019, for $75,000, On December 30th,2022, when the book value was $16,225, the comparv decided to discard the equipment. Jeurmalize the appropriate entry on December 30th:2022. Halcyon Company purchased equipment on January 2nd,2019, for $75,000 On December 30th,2022, when the book value was S16.225, the compary decided to discard the ecauinent. Journalize the arconopriate entrvon December 30th,2022
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