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On February 22, Farmer Ramos sells his used tractor to a local equipment dealer. The dealer gives him $10,000 cash for the tractor. Farmer Ramos
On February 22, Farmer Ramos sells his used tractor to a local equipment dealer. The dealer gives him $10,000 cash for the tractor. Farmer Ramos bought the tractor for $50,000 and it has $38,000 of accumulated depreciation. Which journal entry is correct
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