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Business, 21.04.2020 21:02 jjgymnast5779

On December 29, Patten Products Inc. sells equipment that cost $20,000. After recording the entry to bring the accumulated depreciation up-to-date through the date of the sale, the equipment had accumulated depreciation of $18,000. Patten received $1,500 cash from the company that purchased the equipment. Complete the necessary journal entry.

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On December 29, Patten Products Inc. sells equipment that cost $20,000. After recording the entry to...
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