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Business, 21.04.2020 01:20 heavyhearttim

Connor Lamps Inc. purchased factory equipment in January 2015 for $575,000. In March 2018, this equipment was sold for $105,000 cash. At the date of sale, the accumulated depreciation account totaled $325,000. The journal entry to record this sale includes:

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Connor Lamps Inc. purchased factory equipment in January 2015 for $575,000. In March 2018, this equi...

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