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Annes Company showed the following adjusted account balances on June 30, 2021: Property, Plant & Equipment Asset Balance Furniture 26,000 Accumulated depreciation, Furniture 21,000 Required:

Annes Company showed the following adjusted account balances on June 30, 2021:

Property, Plant & Equipment
Asset	Balance
Furniture	26,000
Accumulated depreciation, Furniture	21,000

Required:

1. Prepare the journal entry to record the disposal of the furniture if it was given to a charity on July 1, 2021.

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