Equipment costing $262000 was destroyed when it caught on fire. At the date of the...
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Accounting
Equipment costing $ was destroyed when caught fire. the date the fire, the accumulated depreciation the equipment was $ insurance check for $ was received based the replacement cost the equipment. Recording the insurance proceeds and the disposition the equipment will include decrease Equipment $ gain disposal $ increase Accumulated Depreciation for $ gain disposal $
Equipment costing $ was destroyed when caught fire. the date the fire, the accumulated depreciation the
equipment was $ insurance check for $ was received based the replacement cost the equipment. Recording
the insurance proceeds and the disposition the equipment will include
decrease Equipment $
gain disposal $
increase Accumulated Depreciation for $
gain disposal $
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