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On January 26, American Products Inc. sold for $1,000 office equipment that had a cost of $4,000 and has associated accumulated depreciation of $2,500. Prepare

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On January 26, American Products Inc. sold for $1,000 office equipment that had a cost of $4,000 and has associated accumulated depreciation of $2,500. Prepare (in good form) the journal entry to record this transaction

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