Carey enterprises sold equipment on january 1 2015 for


Carey Enterprises sold equipment on January 1, 2015 for $10,000. The equipment had cost $48,000. The balance in Accumulated Depreciation at January 1 is $40,000. What entry would Carey make to record the sale of the equipment?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Carey enterprises sold equipment on january 1 2015 for
Reference No:- TGS01719310

Expected delivery within 24 Hours