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Record the disposal under it was scrapped as having no value

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Reference no: EM131693691

Question - Ceda Co. has equipment that cost $79,900 and that has been depreciated $50,500.

Record the disposal under the following assumptions.

(a) It was scrapped as having no value.

(b) It was sold for $23,800.

(c) It was sold for $32,100.

Reference no: EM131693691

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