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Business, 25.04.2020 03:17 artursino

Zen Co. sells a copier machine for $2,000. The copier cost Zen $6,000 and at the time of sale, accumulated depreciation was $2,500. Zen will record this sale with which of the following entries? Debit to Loss on Disposal of Machinery for $3,500. No gain or loss will be recorded. Debit to Loss on Disposal of Machinery for $1,500. Credit to Gain on Disposal of Machinery for $3,500. Credit to Gain on Disposal of Machinery for $1,500.

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