question archive On January 1, the balance in the Equipment account was $19,681; on December 31, the balance was $15,090
On January 1, the balance in the Equipment account was $19,681; on December 31, the balance was $15,090
Subject:BusinessPrice: Bought3
On January 1, the balance in the Equipment account was $19,681; on December 31, the balance was $15,090. The Income Statement reports Depreciation Expense of $1,860. During the year, $5,714 of equipment was sold. What was the cost of the equipment purchased during the year?
