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Papessa [141]
3 years ago
5

A company purchased equipment valued at $66000. It traded in old equipment for a $9000 trade in allowance. The old equipment cos

t $44000 and accumulated depreciation of $36000. This transaction has commercial substance. What is the recorded value of the new equipment?
Business
1 answer:
kotykmax [81]3 years ago
6 0

Answer:

11000.

Explanation:

Is the answer to this question

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