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WAS Assessment Player Tool sessmem.educationmileycom Question 9 ~41 View Policies Current Attempt in Progress Monty Corp. sells equipment on September 30. 2020, for $18,600 cash.

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WAS Assessment Player Tool sessmem.educationmileycom Question 9 ~41 View Policies Current Attempt in Progress Monty Corp. sells equipment on September 30. 2020, for $18,600 cash. The equipment originally co st $74,500 and as of January 1, 2020, had accumulated depreciation of $42,700. Depreciation for therst 9 months of 2020 is $4,950. Prepare the journal entries to (a) update depreciation to September 30, 2020. and (b) record the sale of the equipment. {Credit account titles are automatically indented when amount is entered. Do not indent manually. if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Tiling and Explanation Debit Credit (3) lb) eTextbook and Media List of Accou nts Save for Later Attempts: unlimited

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