jwjohnson20
jwjohnson20
07.04.2020 • 
Business

On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $208,900 and has accumulated depreciation of $188,010. Depreciation has been recorded up to the end of the year. Which of the following will be included in the entry to record the disposal?A. Accumulated Depreciation Dr. $310,000 B. Loss on Disposal of Asset Dr. $260,000 C.Equipment Cr. $310,000 D. Gain on Disposal of Asset Cr. $50,000

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