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Record the disposal under the assumptions

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Ceda Co. has equipment that cost $79,000 and that has been depreciated $49,700.

Record the disposal under the following assumptions.

(a) It was scrapped as having no value.

(b) It was sold for $20,600.

(c) It was sold for $30,900.

(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Reference no: EM131799978

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