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Business, 22.11.2019 05:31 fredorivera

Crane company sells office equipment on july 31, 2022, for $21,850 cash. the office equipment originally cost $77,730 and as of january 1, 2022, had accumulated depreciation of $39,740. depreciation for the first 7 months of 2022 is $4,030. prepare the journal entries to (a) update depreciation to july 31, 2022, and (b) record the sale of the equipment.

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Crane company sells office equipment on july 31, 2022, for $21,850 cash. the office equipment origin...

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