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choices: No journal entry required Accounts payable Accounts receivable Accumulated depreciation, store fixtures Additional paid-in capital Allowance for uncollectible accounts Amortization expense Building Cash Common

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choices:

No journal entry required

Accounts payable

Accounts receivable

Accumulated depreciation, store fixtures

Additional paid-in capital

Allowance for uncollectible accounts

Amortization expense

Building

Cash

Common stock

Depreciation expense

Equipment

Gain on sale of store fixtures

Goodwill

Interest expense

Inventories

Land

Loss on sale of store fixtures

Note payable

Note receivable

Patent

Repair and maintenance expense

Store fixtures

Truck

As part of a major renovation at the beginning of the year, Bonham's Bakery sold shelving units (store fixtures) that were 17 years old for $2,000 cash. The original cost of the shelves was $6,700 and they had been depreciated on a straight-line basis over an estimated useful life of 19 years with an estimated residual value of $1,000. Record the sale of the shelving units. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet Record the sale of the shelving units. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal

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