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Culver Manufacturing has old equipment that cost $47,500. The equlpment has accumulated depreciation of $28,100. Culver has decided to sell the equipment. (List all debit

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Culver Manufacturing has old equipment that cost $47,500. The equlpment has accumulated depreciation of $28,100. Culver has decided to sell the equipment. (List all debit entries before credit entries, Credit account tities are outomoticolly indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter Of for the amounts.) (a) What entry would Culver make to record the sale of the equipment for $34,000 cash? (b) What entry would Culver make to record the sale of the equipment for $15.000 cash

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