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21 Rest-R-Us, a local soda company, sold a company vehicle for $18,700. The vehicle...

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Accounting

21
Rest-R-Us, a local soda company, sold a company vehicle for $18,700. The vehicle was originally purchased for $38,000, and depreciation through the date of sale tasaled $23,000.
What was the gain or loss on the sale of the vehicle?
5
points
on sale
01:26:50
image

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