98. The interest on a $25000, 8%, 90-day note receivable is $1500. $500. $250. $3000....
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Accounting
98. The interest on a $25000, 8%, 90-day note receivable is
$1500.
$500.
$250.
$3000.
99.
A truck costing $66000 and on which $54000 of accumulated depreciation has been recorded was discarded as having no value. The entry to record this event would include a
credit to Accumulated Depreciation for $66000.
credit to Accumulated Depreciation for $54000.
gain of $12000.
loss of $12000.
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