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Which of the following items is included in the journal entry if a company sells equipment at a price equal to its book value? a.
Which of the following items is included in the journal entry if a company sells equipment at a price equal to its book value?
a. A debit to Loss on sale of equipment
b. A credit to Equipment for its original cost
c. A credit to Accumulated depreciation
d. A debit to Equipment for its book value
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