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! Required information [ The following information applies to the questions displayed below. ] Faucet Landscaping purchased a tractor at a cost of $ 3
Required information The following information applies to the questions displayed below. Faucet Landscaping purchased a tractor at a cost of $ and sold it three years later for $ Faucet recorded depreciation using the straightline method, a fiveyear service life, and a $ residual value. Tractors are included in the Equipment account. Assume the tractor was sold for $ instead of $ Record the sale. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Journal entry worksheet Record the sale of tractor
Required information
The following information applies to the questions displayed below.
Faucet Landscaping purchased a tractor at a cost of $ and sold it three years later for $ Faucet recorded depreciation using the straightline method, a fiveyear service life, and a $ residual value. Tractors are included in the Equipment account.
Assume the tractor was sold for $ instead of $ Record the sale. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the sale of tractor
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