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Pryce Company owns equipment that cost $61, 800 when purchased on January 1, 2014. It has been depreciated using the straight-line method based on estimated
Pryce Company owns equipment that cost $61, 800 when purchased on January 1, 2014. It has been depreciated using the straight-line method based on estimated salvage value of $4, 500 and an estimated useful life of 5 years. Prepare Pryce Company's journal entries to record the sale of the equipment in these four independent situations
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