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an Completion Statue QUESTION 23 Nyan Company purchased equipment on January 1 2011 for $90 000 and estimated a $10.000 alvage value at the end

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an Completion Statue QUESTION 23 Nyan Company purchased equipment on January 1 2011 for $90 000 and estimated a $10.000 alvage value at the end of the equipments 10-year useful life. As of January 1 2019, there was $64,000 in the Accumulated Depreciation account for this equipment using the straight line method of depreciation and has not adjusted for depreciation in the current year. The equipment was sold for $28,000 on March 31 2019 Instructions: a. Prepare the appropriate journal entries to update the depreciation and record the sale of the equipment on March 31, 2019 Prepare the same entry to remove the equipment had been sold for $18,000 inot 28,000) TTTA . 3 . T. . . QIS QUESTION 24 $11.00

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