Accountancy, asked by Mjdutta8353, 1 year ago

Your company owned equipment with a book value of $120,000 that was sold during this accounting period for $30,500 in cash, and purchased new equipment for cash of $148,000. your company would record a debit of:

Answers

Answered by Girishmathur
0
machinery a/c by $148,000
Answered by bharatjindal
0
you(firm) will dr. 148000
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