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QUESTION
Greetings Online disposed of a van that cost $22,000 with accumulated depreciation of $15,000. The journal entry would be to:
Greetings Online disposed of a van that cost $22,000 with accumulated depreciation of $15,000. The journal entry would be to:a)debit Accumulated Depreciation $15000;debit Depreciation Expense $7000; credit Van $22000b)debit Loss Disposal of Plant Asset $7000;debit Accumulated Depreciation $15000; credit Van $22000c)debit Accumulated Depreciation $15000;credit Van$15000d)none of these answers are correct
Question:Greetings Online disposed of a van that cost $22,000 with accumulated depreciation of$15,000. The journal entry would be to:a)debit Accumulated Depreciation $15000;debit Depreciation...