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Acompanysoldamachinethatoriginallycost100,000 for 60,000cash.Theaccumulateddepreciationonthemachinewas40,000. The entry to record this sale transaction includes: Select one: a. a debit to equipment 100,000b.acredittocash60,000 c. there is no loss or
Acompanysoldamachinethatoriginallycost100,000 for 60,000cash.Theaccumulateddepreciationonthemachinewas40,000. The entry to record this sale transaction includes: Select one: a. a debit to equipment 100,000b.acredittocash60,000 c. there is no loss or gain to be recorded for this sale transaction d. a credit to accumulated depreciation 40,000
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