=+d. Assuming that the equipment had been sold on January 2, 2008, for $100,000 instead of $95,000,
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=+d. Assuming that the equipment had been sold on January 2, 2008, for $100,000 instead of
$95,000, illustrate the effects on the accounts and financial statements ofthe sale.
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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