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A company owns equipment that cost $ 7 2 , 0 0 0 and has accumulated depreciation of $ 5 0 , 4 0 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.
:B
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