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Business, 05.07.2020 01:01 harleyy6802

A truck cost $60,000 when purchased and has a $55,000 balance in the accumulated depreciation account. If the truck is discarded we will record: Group of answer choices credit to loss on disposal, $60,000 credit to accumulated depreciation, $60,000; and credit to loss on disposal, $5,000 debit to truck, $60,000 debit to accumulated depreciation, $55,000; and debit to loss on disposal, $5,000

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