Homework Answers
Book value = 36,000 - 26,500
= 9,500
|
Amount of gain 700 (10,200-9,500) |
| Amount of loss 9,500 |
|
Amount of loss 100 (9,400-9,500) |
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Exercise 223 A machine that cost $36,000 and on which $26,500 of depreciation had been recorded...
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c
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d
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$27200.
$21200.
none of these answer choices are correct.
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entry to record this event would include...
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on
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was 28,000. Assume annual depreciation on the equipment is $900.
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