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Record the disposal under assumptions

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Question 1: Vaughn NV has equipment that cost $49,870 and that has been depreciated $21,230. Record the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(a) It was scrapped as having no value.

(b) It was sold for $35,300.

(c) It was sold for $25,640.

Reference no: EM132533013

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