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5: The following financial information below was taken from the records of Bare Bones Inc. The company purchased equipment for $12,000 during 2020. How much

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5: The following financial information below was taken from the records of Bare Bones Inc. The company purchased equipment for $12,000 during 2020. How much cash was collected on the sale of equipment during 2020? Reconstruct the entry that recorded the sale of equipment during 2020

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