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    Accounting Homework: Reporting sales of Property, plants and equipment?

    Any help would be appreciated! INFORMATION: From the income statement Depreciation expense$700 Loss on sale of equipment 4,000 From the balance sheet Beginning equipment 12,500 Ending equipment 7,000 Beginning accumulated depreciation 2,000 Ending accumulated depreciation...
  2. J

    Accounting Homework: Reporting sales of Property, plants and equipment?

    Any help would be appreciated! INFORMATION: From the income statement Depreciation expense$700 Loss on sale of equipment 4,000 From the balance sheet Beginning equipment 12,500 Ending equipment 7,000 Beginning accumulated depreciation 2,000 Ending accumulated depreciation...
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