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4. Toad's Golf Goods acquired a piece of equipment in 2022 for $55,000. After two years, Toad's Golf Goods sold the equipment for $50,000. At
4. Toad's Golf Goods acquired a piece of equipment in 2022 for $55,000. After two years, Toad's Golf Goods sold the equipment for $50,000. At the time, the equipment had a carrying value of $45,000. Record the journal entry for the sale
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