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Business, 14.02.2020 19:34 sabaheshmat200

Sweet Corporation owns machinery that cost $23,200 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $2,784 per year, resulting in a balance in accumulated depreciation of $9,744 at December 31, 2020. The machinery is sold on September 1, 2021, for $12,180. Prepare journal entries to update depreciation for 2018

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Sweet Corporation owns machinery that cost $23,200 when purchased on July 1, 2017. Depreciation has...

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