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skad [1K]
2 years ago
12

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $40,000 cash. The amount of the loss relat

ed to the sale of this machine should be reported in the operating section under the indirect method is:
Business
1 answer:
sladkih [1.3K]2 years ago
6 0

Answer: About $50,000

Explanation:

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Maslowich

Answer:

A) the lessee records an asset and a liability for the present value of lease payments.

Explanation:

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Which statement is supported by the information in the
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3 years ago
The income statement for the year 2018 of Fugazi Co. contains the following information: Revenues $70000 Expenses: Salaries and
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incorrect answer

a credit balance of $7500

correct answer

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