Dec. 11
Sold old store equipment for $320 cash. The equipment originally cost $1,025 and depreciation to September 30 of this year (the end of the third quarter) totals $820. The Asset depreciates on a straight-line basis at a rate of $20 per month (two entries required).
Thank you in advance for any help!!!
Sold old store equipment for $320 cash. The equipment originally cost $1,025 and depreciation to September 30 of this year (the end of the third quarter) totals $820. The Asset depreciates on a straight-line basis at a rate of $20 per month (two entries required).
Thank you in advance for any help!!!