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At the end of the equipment's useful life, the company plans to sell it . For Firm J , record the sale of equipment at

At the end of the equipment's useful life, the company plans to sell it. For Firm J, record the sale of equipment at the end of its useful life for (a) $34,800 cash and (b) $17,400 cash.
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\table[[No,Transaction,General Journal,Debit,Credit],[1,(a),Cash,,],[,,Amortization expense,,],[,,,,],[2,(b),Loss on sale of equipment,,],[,,Cash,,]]
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