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Depreciation by Two Methods; Sale of Fixed Asset On March 4 of Year 5 , the equipment was sold for $ 1 1 9 ,
Depreciation by Two Methods; Sale of Fixed Asset
On March of Year the equipment was sold for $
Required:
a Straightline method
b Doubledecliningbalance method
Journalize the entry to record the sale assuming that the manager chose the doubledecliningbalance method. If an amount box does not require an entry, leave it blank.
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