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(Solution) - Bobby s has delivery equipment that cost 40 000 and that has

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Bobby?s has delivery equipment that cost $40,000 and that has been depreciated $26,000. Record the disposal under the following assumptions.
(a) It was scrapped as having no value.
(b) It was sold for $29,000.
(c) It was sold for $10,000.


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This question was answered on: Jul 11, 2017

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