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QS 1 6 - 1 3 ( Algo ) Computing cash from asset sales LO P 3 Furniture costing $ 6 7 , 1 0

QS 16-13(Algo) Computing cash from asset sales LO P3
Furniture costing $67,100 is sold at its book value in 2021. Acquisitions of furniture total $55,900 cash, on which no depreciation is
necessary because it is acquired at year-end. Complete the general ledger accounts to calculate cash received from the sale of
furniture.
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