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10. Which one of the following journal entries allocates the net gain or loss resulting from the sale of assets? A. Gagnon, Capital 2,900 Ruddy,

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10. Which one of the following journal entries allocates the net gain or loss resulting from the sale of assets? A. Gagnon, Capital 2,900 Ruddy, Capital 1,740 Featro, Capital 1,160 Cash 5,800 B. Gagnon, Capital 2,900 Ruddy, Capital 1,740 Featro, Capital 1, 160 Gain or Loss on Sale of Assets 5,800 C. Gain or Loss on Sale of Assets 5,800 Gagnon, Capital 2,900 Ruddy, Capital 1,740 Featro, Capital 1,160 D. Cash 5,800 Gagnon, Capital 2,900 Ruddy, Capital 1,740 Featro, Capital 1,160

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