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Question 16 Carla Vista Company owns equipment that cost $108,000 when purchased on January 2, 2021. It has been depreciated using the straight-line method based
Question 16 Carla Vista Company owns equipment that cost $108,000 when purchased on January 2, 2021. It has been depreciated using the straight-line method based on estimated residus value of $6,000 and an estimated useful life of five years. Following are the four independent situations. (a) Prepare Carla Vista Company's journal entry to record the sale of the equipment for $49,000 on January 2, 2024. (Credit account titles are automatically indented when the amount is entered. De not inden manually. If no entry is required, select "No Entry for the account tities and enter for the amounts.) Date Armut Tila dynastian nie
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