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Schneider Company purchases a building for 6 6 , 0 0 0 . The building ahs an estimated useful life of 6 years and no

Schneider Company purchases a building for 66,000. The building ahs an estimated useful life of 6 years and no residual value. Schneider Company records depreciation expense every year based on the straight-line method. As of 12/31/2020, after recording depreciation expense for that year, schneider company sells the building for 25300 cash. What journal entry should they record for the sale of the asset

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