A machine with a book vale of $305,000 has an estimated 6-year life. A proposal is offered to sell the old machine for $390,000 and

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A: An auditor should  perform  his duties  with  great  skill care and  caution.  

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A:

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Q: How much is the Gross Profit/Loss Realized in 2019?

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A: Note : As per the policy, we are supposed to solve first three subparts at a time. Kindly repost the...

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A: Since, you have asked for specific journal entry, so we will solve the same for you.

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A:  “Since you have asked multiple sub-parts, we will solve the first three sub-part for you. If you wa...