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Do it! 9-3 Make Journal Entries to Record Plant Asset Disposal GENERAL JOURNAL Account Titles Date Debit Credit Check figure: total debits = $103,000 DO
Do it! 9-3 Make Journal Entries to Record Plant Asset Disposal GENERAL JOURNAL Account Titles Date Debit Credit Check figure: total debits = $103,000 DO IT! 9-3 Bylie Company has an old factory machine that cost $50,000. The machine has accumulated depreciation of $28,000. Bylie has decided to sell the machine. (a) What entry would Bylie make to record the sale of the machine for $25,000 cash? (b) What entry would Bylie make to record the sale of the machine for $15,000 cash
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