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If the cash proceeds of the sale of equipment is less than the carrying value, which of the following journal entries will be made? (circle

If the cash proceeds of the sale of equipment is less than the carrying value, which of the following journal entries will be made? (circle all that apply) OCR Loss on the Sale of Equipment OCR Accumulated Depreciation CR Equipment CR Gain on the Sale of Equipment DR Loss on the Sale of Equipment image text in transcribed

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