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Lucky Charms Company showed the following adjusted account balances on March 31, 20211: Property, Plant & Equipment Balance Building 77,000 Accumulated depreciation, Building Required: 1.

Lucky Charms Company showed the following adjusted account balances on March 31, 20211: Property, Plant & Equipment Balance Building 77,000 Accumulated depreciation, Building Required: 1. Prepare the journal entry to record the disposal of the building if it was sold for cash in the amount of 50,000 on April 1, 2021

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