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Journal Entry: November 30, 2021 : Sold Office equipment for $5,000. The equipment originally cost $32,000 when it was purchased on January 1, 2017, had

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November 30, 2021 : Sold Office equipment for $5,000. The equipment originally cost $32,000 when it was purchased on January 1, 2017, had no residual value, and was being depreciated using the straight-line method over 5 years.

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