40. A truck that cost $12,000 and on which accumulated depreciation to date is $9,000 was disposed of for $7 004) cadh,
Posted: Sun Jul 03, 2022 3:49 pm
40. A truck that cost $12,000 and on which accumulated depreciation to date is $9,000 was disposed of for $7 004) cadh, The
gain or loss on this disposal is
a. Gain of $3000.
b. Loss of $3000.
c. Gain of $4,000.
d. Loss of $4,000.
gain or loss on this disposal is
a. Gain of $3000.
b. Loss of $3000.
c. Gain of $4,000.
d. Loss of $4,000.