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Business, 16.12.2019 20:31 Diaryyy3986
Bought equipment for cash, $31,000. sold equipment with original cost of $10,000, accumulated depreciation of $7,000, for $4,000 cash. paid $6,000 on the long-term note payable. issued new shares of stock for $16,000 cash. no dividends were declared or paid. other expenses included depreciation, $12,000; wages, $13,000; taxes, $6,000; and other, $7,800.
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Bought equipment for cash, $31,000. sold equipment with original cost of $10,000, accumulated deprec...
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