Business, 02.07.2021 02:40 griffinalexis2780
Delta River Company sold manufacturing equipment with a cost of $44,000 and accumulated depreciation of $32,000 for $9,000. The journal entry to record this transaction will include:
a) a credit to Accumulated Depreciation â Equipment for $32,000.
b) a debit to a loss account for $3,000.
c) a credit to a gain account for $8,000.
d) a credit to the Equipment account for $12,000.
Answers: 1
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Delta River Company sold manufacturing equipment with a cost of $44,000 and accumulated depreciation...
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