Business, 30.10.2019 00:31 jazmaine1217
An asset with a historical cost of $14,725 and accumulated depreciation of $10,000 was discarded, having no market value. how much will be recorded as a loss or gain on disposal?
a. loss of $4,725
b. gain of $4,725
c. no loss or gain
d. cannot be determined.
Answers: 2
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An asset with a historical cost of $14,725 and accumulated depreciation of $10,000 was discarded, ha...
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