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On June 30, 2022, the company sold old equipment for $36,000. The equipment originally cost $54,000 and had accumulated depreciation to the date of disposal
On June 30, 2022, the company sold old equipment for $36,000. The equipment originally cost $54,000 and had accumulated depreciation to the date of disposal of $22,500. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Date June 30, 2022 Account Titles and Explanation Debit Credit
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