noraespi9250 noraespi9250
  • 22-02-2024
  • Business
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Sold warehouse equipment for $10,000 in cash. The equipment was purchased on January 3, 20X1, for $35,000. The equipment has a useful life of five years and a salvage value of $3,000. Depreciation was last recorded on December 31, 20X3.
a. True
b. False

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