The following are the transactions of morrell corporation.
a. morrell corporation disposed of...
The following are the transactions of morrell corporation.
a. morrell corporation disposed of two computers at the end of their useful lives. the computers had cost $4,600 and their accumulated depreciation was $4,600. no residual value was received.
b. assume the same information as (a), except that accumulated depreciation, updated to the date of disposal, was $3,200. prepare journal entries to record above transactions."
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