question archive A copy machine cost $42,000 when new and has accumulated depreciation of $35,000

A copy machine cost $42,000 when new and has accumulated depreciation of $35,000

Subject:AccountingPrice: Bought3

A copy machine cost $42,000 when new and has accumulated depreciation of $35,000. Suppose Print Center discards this machine and receives nothing. What is the result of the disposal transaction? O A. No gain or loss B. Gain of $7.000 O C. Loss of $43,000 O D. Loss of $7.000

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE