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Pryce Company owns equipment that cost $65.000 when purchased on January 1, 2016. It has been deprecated using the straight-line method based on an estimated

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Pryce Company owns equipment that cost $65.000 when purchased on January 1, 2016. It has been deprecated using the straight-line method based on an estimated estimated useful life of 5 years. Accumulated deprecation was last adjusted on December 31, 2018 value of $5,000 and an Prepare Pryce Company's journal entries to record the sale of the equipment in these four independentations et account titles are automatically indeed when amount is entered. Do not indent molly Round answers to decimal places, 125. Inntry is r e lect 'No Entry for the accounts and enter for the amounts) a) Sold for $31,000 on January 1, 2019 Sold for $31.000 on May 1, 2019 Sold for $11,000 on January 1, 2019 d Sold for $11.000 on October 1 2019. No. Account Titles and Explanation Debut cred Accumulated Depreciation Equipment Gainon Disposal of Plantes To record deprecation (To record sale of equipment) (c (To record depreciation) Cash Accumulated Depreciation Equipment Loss on Disposal of Plant Assets Equipment (To record sale of equipment)

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