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reported? 6. Jim and Pam originally purchased office furniture for $600, and just sold it for $200. At the time of the sale, the furniture
reported? 6. Jim and Pam originally purchased office furniture for $600, and just sold it for $200. At the time of the sale, the furniture had accumulated depreciation of $480. (a) what was the book value at the time of purchase, and (b) what is the journal entry to record the sale of the office furniture? 7. On December 14, the combined cash register receipts for CP Treats were $5446. There is a 5% sales tax. Show the journal entry to record the receipts, and the separation of sales revenue from sales taxes. 8. Hudson Mohawk Figure Skating sells 5-week lesson pre-purchase packages for students. On January 9 they sold 15 packages. Show the journal entry (a) to show the sale of the packages, and (b) the journal entry when each weekly lesson is completed
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