Chrysler Inc Journal Entries: Disposition of Assets
Entries: Disposition of Assets On December 31, 2010, Chrysler Inc. has a machine with a book value of $940,000. The original cost and related accumulated depreciation at this date are as follows. Machine $1,300,000 (minus) Accumulated Depreciation $ 360,000 (equals) Book Value $ 940,000 Depreciation is compu