francistyrecce francistyrecce

21-04-2024
Mathematics

Answered

On December 29, 2021, Patel Products, Incorporated, sells a delivery van that cost $20,000. The equipment had accumulated depreciation of $16,000 at December 31, 2020. Annual depreciation on this equipment is $2,000 computed using straight-line depreciation.
Note: Enter debits before credits.

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