Equipment with an original cost of $79,456 and accumulated depreciation of $20,040 was sold at...
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Accounting
Equipment with an original cost of $79,456 and accumulated depreciation of $20,040 was sold at a loss of $7,942. As a result of this transaction, cash would
a.increase by $79,456
b.increase by $51,474
c.decrease by $7,942
d.decrease by $20,040
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