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Question
a truck costing $42,000 and on which $35,000 of accumulated depreciation has been recorded was discarded as having no value. the entry to record this event would include a
a.gain of $7,000
b.loss of $7,000
c.credit to accumulated depreciation for $35,000
d.credit to accumulated depreciation for $42,000
Answer
This answer is hidden. It contains 1 characters.
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