Problem 10-6A (P10-6A) Puckett Co. has office furniture that cost
$75,000 and that has been depreciated $50,000. Record the disposal under
the following assumptions
(a) it was scrapped as having no value
(b) it was sold for 21,000
(c) it was sold for $31,000
Click here for the solution: Puckett Co. has office furniture that cost $75,000 and that has been depreciated $50,000
