Beka company owns equipment that cost 58240 when purchased

Reference no: EM13598343

Beka Company owns equipment that cost $58,240 when purchased on January 1, 2008. It has been depreciated using the straight-line method based on estimated salvage value of $4,770 and an estimated useful life of 5 years.Prepare Beka Company's journal entries to record the sale of the equipment in this situation Sold for $33,082 on January 1, 2011.

Reference no: EM13598343

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