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Carla Vista Company sold manufacturing equipment with a cost of $49800 and accumulated depreciation of $37900 for $9300. The journal entry to record this
Carla Vista Company sold manufacturing equipment with a cost of $49800 and accumulated depreciation of $37900 for $9300. The journal entry to record this transaction will include: O a credit to Accumulated Depreciation - Equipment for $37900. O a credit to the Equipment account for $100. O a credit to a gain account for $14100. O a debit to a loss account for $2600
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