SportsWorld bought a new display case for $12,000 and was given a trade-in of $2,000 on an old display case.The old case had an original cost of $7,000 and accumulated depreciation of $4,000 to the date of trade-in.SportsWorld should record the new display case at:

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The Answer of SportsWorld bought a new display case for $12,000 and was given a trade-in of $2,000 on an old display case.The old case had an original cost of $7,000 and accumulated depreciation of $4,000 to the date of trade-in.SportsWorld should record the new display case at:

SportsWorld Bought a New Display Case for $12,000 and Was