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Equipment costing$20,000 with$17,800 of accumulated depreciation is sold for$2,500 cash. The journal entry will involve a A. credit to accumulated depreciation for$17,800. B. debit to
Equipment costing$20,000 with$17,800 of accumulated depreciation is sold for$2,500 cash. The journal entry will involve a
A.
credit to accumulated depreciation for$17,800.
B.
debit to depreciation expense for$17,800.
C.
debit to accumulated depreciation for$17,800.
D.
debit to accumulated depreciation for$2,200.
E.
credit to depreciation expense for$17,800.
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