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A) debit Machinery and Accumulated Depreciation; credit Machinery and Cash
B) debit Cash and Machinery; credit Accumulated Depreciation
C) debit Cash and Machinery; credit Accumulated Depreciation and Machinery
D) debit Machinery, Accumulated Depreciation, and Loss on Exchange of Machinery; credit Machinery and Cash
E) B) and C)
F) C) and D)
F) C) and D)
Correct Answer
verified
Correct Answer
verified
A) $25,000
B) $11,000
C) $24,000
D) $24,500
E) B) and D)
F) A) and D)
F) A) and D)
Correct Answer
verified
Correct Answer
verified
A) $154,000
B) $172,000
C) $160,000
D) $120,000
E) All of the above
F) A) and D)
F) A) and D)
Correct Answer
verified
Correct Answer
verified
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