Multiple Choice
A company discarded a display case originally purchased for $8,000. The accumulated depreciation was $7,200. The company should recognize a(an) :
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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