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Current Attempt in Progress Blossom Limited, a private company following ASPE, disposed of some assets during the fiscal year ended December 31, 2023. Based on
Current Attempt in Progress Blossom Limited, a private company following ASPE, disposed of some assets during the fiscal year ended December 31, 2023. Based on the research done by the assistant controller, journal entries were made and the following first draft of the income statement was prepared. As controller, you have determined that the assets disposed of do not qualify for treatment as a discontinued operation. (a) Prepare the general journal entry, if any, that Blossom should make at December 31, 2023. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) eTextbook and Media List of Accounts Attempts: 0 of 2 used Using multiple attempts will impact your score. 25% score reduction after attempt 1 (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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