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strawberry fields purchased a tractor at a cost of $39,000 and sold it two years later for $26,100. Strawberry Fields recorded depreciation using the straight-line

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strawberry fields purchased a tractor at a cost of $39,000 and sold it two years later for $26,100. Strawberry Fields recorded depreciation using the straight-line method, a five-year service life, and an $9000 residual value.

Journal Entry: record the sale

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