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A company owns equipment that cost $ 1 2 5 , 1 0 0 and has accumulated depreciation of $ 9 0 , 6 0
A company owns equipment that cost $ and has accumulated depreciation of $ as of January Prepare the entry to record the disposal of this equipment on January for each separate situation.
a Equipment is sold for $ cash.
b Equipment is sold for $ cash.
Journal entry worksheet
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditJanuary
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