Equipment costing $276000 was destroyed when it caught on fire. at the date of the fire, the accumulated depreciation on the equipment was $103000. an insurance check for $325000 was received based on the replacement cost of the equipment. the entry to record the insurance proceeds and the disposition of the equipment will include a
a. credit to the equipment account of $16.
b. credit to the accumulated depreciation accou eunt for $1.
c. gain on disposal of $14.
d. gain on disposal of $4.

a). The credit to the equipment account=$173,000

b). Credit to the accumulated depreciation account for $103,000

c). gain on disposal=$152,000

Explanation:

a). The formula for the book value of the equipment when it caught fire can be expressed as;

Book value=Acquisition cost-accumulated depreciation

where;

acquisition cost=$276,000

accumulated depreciation=$103,000

replacing;

Book value=(276,000-103,000)=$173,000

The credit to the equipment account=$173,000

b).  Credit to the accumulated depreciation account for $103,000

c). The formula for calculating the gain from disposal is;

gain on disposal=insurance check-book value

where;

insurance check=$325,000

book value=173,000

replacing;

gain on disposal=325,000-173,000=$152,000

employees use applications that are uniformed so that they are able to look over them more quickly because the do not want to spend a long time reading through the applications so they get all the infomation that the are looking for on the application they made so the do not have to read about unnessacary infomaton. so to make it simple it them find the person that they want to hirer faster with out wasting time.

i hope this i spelt things wrong i believe but this is why

mark me brainliest.

this website has me so much feel free to keep asking questions

lemon juice people so you don't have discoloration