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Depreciation by two methods; sale of fixed asset manager, the double-declining-balance method was selected. In the first week of the fifth year, on September 6
Depreciation by two methods; sale of fixed asset manager, the double-declining-balance method was selected. In the first week of the fifth year, on September 6 , the equipment was sold for $123,600. Required: end of each year by the following methods: b. Double-declining-balance method Journalize the entry to record the sale, assuming that the equipment was sold for $106,100 instead of $123,600. If an amount box does not require an entry, leave it blank
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