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Which of the following should be included in the acquisition cost of a piece of equipment

 
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Asked by

Billie


On december 31 strike company has decided to sell one of its batting cages the initial cost of the equipment was 215 000 with an accumulated depreciation of 185 000 depreciation has been taken up to the end of the year the company found a company that is willing to buy the equipment for 20 000 what is the amount of the gain or loss on this transaction
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