Equipment with an estimated residual value at acquisition of $15,000 was sold on December 31, 2013, for $20,000 cash. The following data were available at the time of sale

What are the organization’s areas of weakness? Using your research on organizational behavior approaches to corporate culture, diversity, teamwork, and motivational strategies, identify areas.
April 22, 2018
Provide a 4-5 page reports on research methods expounding on areas such as purpose of research, choosing a topic,terminology, qualitative and quantitative methods, collecting data, structure and final write up. Please include references.
April 22, 2018

Equipment with an estimated residual value at acquisition of $15,000 was sold on December 31, 2013, for $20,000 cash. The following data were available at the time of sale:

Acquisition cost$100,000Accumulated depreciation on December 31, 2013, after adjustment85,000

When this transaction is recorded, it should include a

debit of $20,000 to the Accumulated Depreciation account.

debit of $80,000 to the Loss on Disposal account.

credit of $20,000 to the Equipment account.

credit of $5,000 to the Gain on Disposal account.

 

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