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Hot Stone Creamery sold ice cream equipment for $11,600. Hot Stone originally purchased the equipment for $78,000, and depreciation through the date of sale
Hot Stone Creamery sold ice cream equipment for $11,600. Hot Stone originally purchased the equipment for $78,000, and depreciation through the date of sale totaled $64,500. Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 Record the sale of the equipment. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal >
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