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I need your help to answer this question. Thanks! a. Prepare the journal entries needed to record the asset disposal on June 1 of Year

I need your help to answer this question. Thanks!image text in transcribed

a. Prepare the journal entries needed to record the asset disposal on June 1 of Year 4. Hint: First record the update for depreciation expense. b. Record the journal entries if the equipment were abandoned (zero fair value) on June 1 of Year 4. Hint: First record the update for depreciation expense

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