Solution-Record the disposal under the assumptions

Record the disposal under the assumptions

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Reference no: EM13512245

Puckett Co. has office furniture that cost $75,092 and that has been depreciated $49,709.

Record the disposal under the following assumptions.

Instructions:

a. It was scrapped as having no value. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)

b. It was sold for $21,382. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)

c. It was sold for $31,186. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2.)

Reference no: EM13512245

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Record the disposal under the assumptions

Reference no: EM13512245

Reference no: EM13512245

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