quipements was acquired on January 1 2021 , for 34,000 with an estimated four year...

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Accounting

quipements was acquired on January 1 2021 , for 34,000 with an estimated four year life and 3,000 residual value the company use straight line depreciation . Record the gain or loss if the equipment was sold on December 31 2023 for 11,200

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