Multiple Choice
A company discarded a display case that it had originally purchased for $8,000.The case had $7,200 worth of accumulated depreciation.The company should recognize a(n) :
A) $0 gain or loss
B) $800 loss
C) $800 gain
D) $8,000 loss
E) $7,200 loss
Correct Answer:
Verified
Correct Answer:
Verified
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