Accumulated depreciation on equipment and loss of disposal

Reference no: EM13143579

Equipment aquired on Jan. 3, 2005 at a cost of 360,000, has an estimated life od 12 years, has an residual value of 30,000 and is depreciated bu the straightline method. Assuming that the equipment sold on April 5, 2009 what would the accumulated depreciation on equipment and the loss of disposal fixed assets be in April of 2009?

Reference no: EM13143579

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