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At December 31, 2016, there was $ 31,500 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. Instructions Journalize all
At December 31, 2016, there was $ 31,500 in the Accumulated Depreciation account for this equipment using the straight-line method of depreciation. Instructions Journalize all entries required to update depreciation and record the sales of the asset in 2017. (Hint: there are 2 journals entries)
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