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Cam and Maria originally purchased office furniture for $600, and just sold it for $200. At the time of the sale, the furniture had accumulated
Cam and Maria originally purchased office furniture for $600, and just sold it for $200. At the time of the sale, the furniture had accumulated depreciation of $480. (a) what was the book value at the time of sale, and (b) what is the journal entry to record the sale of the office furniture?
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