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    Exam 10: Plant Assets, Natural Resources, and Intangibles
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    Trimer Corp Junks a Truck Which Was Originally Purchased for $50,000
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Trimer Corp Junks a Truck Which Was Originally Purchased for $50,000

Question 122

Question 122

Essay

Trimer Corp junks a truck which was originally purchased for $50,000 and had accumulated depreciation of $30,000. Give journal entry for disposal of truck.

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