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    Exam 10: Plant Assets, Natural Resources, and Intangible Assets
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    Powell's Courier Service Recorded a Loss of $9000 When It
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Powell's Courier Service Recorded a Loss of $9000 When It

Question 38

Question 38

Multiple Choice

Powell's Courier Service recorded a loss of $9000 when it sold a van that originally cost $84000 for $15000. Accumulated depreciation on the van must have been


A) $78000.
B) $24000.
C) $75000.
D) $60000.

Correct Answer:

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