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Funseth Farms inc. purchased a tractor in 2018 at cost of $33,600. The tractor was sold for 3300 in 2021. Depreciation recorded through the disposal
Funseth Farms inc. purchased a tractor in 2018 at cost of $33,600. The tractor was sold for 3300 in 2021. Depreciation recorded through the disposal date totaled 29000
Prepare journal entry for sale
Now assume the tractor was sold for 10,900
Prepare journal entry for sale
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