A trucking company sold its fleet of trucks for 55000. the, Ask an Expert

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a trucking company sold its fleet of trucks for $55,000. the trucks had originally cost $1,410,000 and had accumulated depreciation of $1,269,000 through the date of disposal. what gain or loss did the trucking company record when it sold the fleet of trucks?

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Accounting Basics, Accounting

Category:- Accounting Basics
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