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Business, 23.11.2019 04:31 mason5579

Purchased equipment on expected the equipment to last for four years and have a residual value of $ 3 comma 000. suppose sold the equipment for $ 14 comma 300 on december 31 comma 2018 comma after using the equipment for two full years. assume depreciation for 2018 has been recorded. journalize the sale of the equipment, assuming straight-line depreciation was used.

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