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Business, 01.12.2021 05:20 miraculousdollh

A truck costing $115000 was destroyed when its engine caught fire. At the date of the fire, the accumulated depreciation on the truck was $55000. An insurance check for $130000 was received based on the replacement cost of the truck. The entry to record the insurance proceeds and the disposition of the truck will include a

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A truck costing $115000 was destroyed when its engine caught fire. At the date of the fire, the accu...
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