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Anderson, Inc. sold equipment on January 1 , 2 0 2 3 for $ 1 1 , 0 0 0 . The equipment had cost

Anderson, Inc. sold equipment on January

1, 2023

for $

11, 000 .

The equipment had cost $

50, 000 .

The balance in Accumulated Depreciation at January

1

is $

44, 000 .

What entry would Anderson make to record the sale of the equipment?

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