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Business, 30.11.2019 05:31 breiajr

Carla vista co. sells office equipment on july 31, 2017, for $21,240 cash. the office equipment originally cost $86,550 and as of january 1, 2017, had accumulated depreciation of $35,470. depreciation for the first 7 months of 2017 is $4,710.prepare the journal entries to (a) update depreciation to july 31, 2017, and (b) record the sale of the equipment.

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Carla vista co. sells office equipment on july 31, 2017, for $21,240 cash. the office equipment orig...
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