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A piece of equipment costing $25,000 with an accumulated depreciation of $10,000 was sold. Prepare the necessary journal entries for the following: a) Sold for

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A piece of equipment costing $25,000 with an accumulated depreciation of $10,000 was sold. Prepare the necessary journal entries for the following: a) Sold for $18,000 cash b) Sold for $10,000 cash c) Sold for $15,000 cash

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