Answer:
a debit to Accumulated Depreciation—Equipment
Step-by-step explanation:
we know that
Depreciation/year=(Cost-Residual value)/Useful life
put values
=(52000-3000)/7=$7000
Hence book value as on date of sale=52000-(7000*6)=$10000
Hence gain on sale=(14000-10000)=$4000
Hence the journal is :
Cash a/c..Dr$14000
Accumulated Depreciation..Dr$42000
To equipment $52000
To gain on sale $4000
Answer:
Step-by-step explanation:
Slope of the line =3\2
Answer:
it is
over 
Step-by-step explanation:
The LCM of 12,16, and 20 would be 240