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pls help Lean Company sold equipment for cash. The equipment cost $66,200, had accumulated depreciation of $43,000 and a book value of $23,200. SHOW ALL
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Lean Company sold equipment for cash. The equipment cost $66,200, had accumulated depreciation of $43,000 and a book value of $23,200. SHOW ALL COMPUTATIONS. Prepare the journal entry to record the sale assuming that the equipment was sold for: a $24,000 b) $20,000 c) $23,200Step by Step Solution
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
9781260247985
