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Business, 18.12.2020 05:30 Carloslogrono10

Emerald Co. owned equipment with a book value of $126,500 that was sold during this accounting period for $31,700 in cash, and purchased new equipment for cash of $148,600. Emerald Co. would record a debit of:

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Emerald Co. owned equipment with a book value of $126,500 that was sold during this accounting perio...
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