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A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,000. the company should recognize a:

A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,000. the company should recognize a:
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A company sold equipment that originally cost $160,000 for $96,000 cash. the accumulated depreciation on the equipment was $64,000. the company should recognize a:

User Mati Kepa
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Answer:$0 gain or loss

Step-by-step explanation:

User Chola
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what is the question?
User Bryce Frank
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