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This is a serial question please awnser both. Thank you! If dane purchased equipment for 27000 and had accumulated Depreciation of 8000 when it sold

This is a serial question please awnser both. Thank you!

If dane purchased equipment for 27000 and had accumulated Depreciation of 8000 when it sold for 17000 What is the required journal entry to record the sale?

If Dane purchased equipment for 27500 and had a accumulated depreciation of 8000 when it sold for 17000 compute the gain or loss on the sale.

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