Solution-What was the difference between book value and

What was the difference between book value and selling price

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Question - Block incorporated bought a car with an estimate life of 5 years for 25.000. The residual value of the car is $5000. After three years, the car was sold for 11,000. What was the difference between book value and selling price if Block. Incorporated use the straight line method of depreciation?

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What was the difference between book value and selling price

Reference no: EM132934302

Reference no: EM132934302

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