How much will be debited to the equipment account

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Question - Cost of equipment 20,000, accumulated depreciation 12,500. If the partner deemed the market value to be 9,000 how much will be debited to the equipment account?

Reference no: EM131788143

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How much will be debited to the equipment account : Cost of equipment 20,000, accumulated depreciation 12,500. If the partner deemed the market value to be 9,000 how much will be debited to the equipment account
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