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concord compnay sells eqipement on september 30,2027 for 18300 cash. the equipment originally cost 74500 and as of january 1 2027 had accumulated deprication of

concord compnay sells eqipement on september 30,2027 for 18300 cash. the equipment originally cost 74500 and as of january 1 2027 had accumulated deprication of 41900 deprication for the first 9 months of 2027 is 5500. prepare the journal entries to (a) update depreciation to september 30 2027

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