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24.07.2020 •
Business
On December 31, Briar Co. disposed of a piece of equipment that cost $6,000 with accumulated depreciation of $4,500. The entry to record this disposal would include a debit to which account and for how much
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Ответ:
Loss on disposal of Equipment for the amount of $1,500
Explanation:
Based on the above information given the entry to record the disposal would include a debit to LOSS ON DISPOSAL OF EQUIPMENT account for the amount of $1,500 calculated as:
December 31
Disposed Equipment of $6,000- Accumulated Depreciation of $4,500 =$1,500
Hence , $1,500 will be the amount of loss on disposal of the Equipment.
Ответ: