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Question is Highlighted in blue. 2 3 4 5 equipment with a cost of 30,000 and accumulated depreciation of 27,500is sold for 3,500. the journal

Question is Highlighted in blue.

2 3 4 5 equipment with a cost of 30,000 and accumulated depreciation of 27,500is sold for 3,500. the journal entry prepared at the time of the sale will include

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