Valix Finacc vol 1 Problem 15-13

Financial Accounting Volume 1 2008 Valix-Peralta
Chapter 15 Problem 15-13

Equipment – new                                                                                1,000,000

Loss on exchange                                                                                   200,000

Accumulated depreciation                                                                1,800,000

         Equipment – old                                                                                                3,000,000