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Business, 10.03.2020 22:44 kharmaculpepper

Equipment with an original cost of $75,000 and accumulated depreciation of $20,000 was sold at a loss of $7,000. As a result of this transaction, cash would :
Group of answer choices:
O increase by $48,000
O decrease by $7.000
O increase by $55.000
O decrease by $27.000

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Answers: 3

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Equipment with an original cost of $75,000 and accumulated depreciation of $20,000 was sold at a los...

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