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On January 1, 2014, Mullhausen Co

question 50

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On January 1, 2014, Mullhausen Co. began using the composite depreciation method. There were three machines to consider, as follows:
On January 1, 2014, Mullhausen Co. began using the composite depreciation method. There were three machines to consider, as follows:     At the end of the second year, Machine B was sold for $8,200. In the entry to record the sale, there should be a A)  $1,200 debit to Gain on Sale of Machine B)  $6,800 debit to Accumulated Depreciation C)  $6,800 debit to Loss on Sale of Machine D)  $8,000 debit to Accumulated Depreciation
At the end of the second year, Machine B was sold for $8,200. In the entry to record the sale, there should be a


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