On December 31, Strike Compariy sold one of its thatting copes for $20,000. The equipment...
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Accounting
On December 31, Strike Compariy sold one of its thatting copes for $20,000. The equipment had an intial cost of $310,000 and had accumulated depreciation of $260,000. Deprecistion has been recorded up to the end of the year. Whot is the amount of the gain or foss on this transaction? A. pult of $20,000 h. sin ot $30.060 4. lost of 370000 a kour or $30.900
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