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Homework: HW09.03 Score: 0 of 2 pts S9-7 (similar to) On June 15, 2015, Best Fur

ID: 2513793 • Letter: H

Question

Homework: HW09.03 Score: 0 of 2 pts S9-7 (similar to) On June 15, 2015, Best Furniture discarded equipment that had a cost of $20,000, a residual value of $0, and was fully depreciated. Joumalize the disposal of the Save 3 of 13 (0 complete) Hw Score: 0%, 0 of 50 pts Question Help equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Debit Credit Date Accounts and Explanation Choose from any list or enter any number in the input fields and then click Check Answer

Explanation / Answer

June-15-2015 Accumulated Depreciation—Equipment 20000         Equipment 20000 To record disposal of fully depreciated equipment