Tremblay Excavating purchased a used dump truck for $125,000 on January 1,2021. The ...
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Tremblay Excavating purchased a used dump truck for $ on January The company has depreciated the dump truck using the straightline method over its estimated year life with a $ residual value. Tremblay sold the dump truck on January for $ Total accumulated depreciation on the dump truck on the date of sale was $ What gain or loss should be recorded on the sale? A A gain of $ B A gain of $ C A loss of $ D A loss of $ 
Tremblay Excavating purchased a used dump truck for $ on January The
company has depreciated the dump truck using the straightline method over its estimated
year life with a $ residual value. Tremblay sold the dump truck on January for
$ Total accumulated depreciation on the dump truck on the date of sale was $
What gain or loss should be recorded on the sale?
A A gain of $
B A gain of $
C A loss of $
D A loss of $
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