Ch. 12 Homework Helo Save & Ext Submit Check my wurde 4 Part 1 of 2 The plant assets section of the comparative balance

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Ch 12 Homework Helo Save Ext Submit Check My Wurde 4 Part 1 Of 2 The Plant Assets Section Of The Comparative Balance 1 (27.65 KiB) Viewed 23 times

Ch. 12 Homework Helo Save & Ext Submit Check my wurde 4 Part 1 of 2 The plant assets section of the comparative balance sheets of Anders Company is reported below. AND COMPANY Comparative Year-Ind Balance sheets 1021 plant waste pant 100,000 $ 270,000 Acculated depreciation Equipment 1100.000) 1210.000) Equipment, +30,000 5 60,000 Baldinge 5.380,000 3.400,000 Accumulated depreciation dengan 100,000) (205,000 luilding, net 5. 210.900 115,000 8.33 During 2021, equipment with a book value of $40,000 and an original cost of $210.000 was sold at a loss of $3,000 1. How much cash did Anders receive from the sale of equipment? 2. How much depreciation expense was recorded on equipment during 2021? 3. What was the cost of new equipment purchased by Anders during 20212 Mferences 1. Cash received from the sale of equipment 2. Depreciation expense 3. Purchase of equipment