On December 31, Strike Company sold one of its batting cages for exist26, 990. The...
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Accounting
On December 31, Strike Company sold one of its batting cages for exist26, 990. The equipment had an original cost of exist269, 900 and has accumulated depreciation of exist242, 910. Depreciation had been recorded up to the end of the year. What is the amount of the gain or loss on this transaction? cannot be determined Gain of exist26, 990 no gain or loss Gain of exist485, 820
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