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Mathematics, 05.04.2020 05:51 jvsome8

In 2017, Blanchard Corporation has plant equipment that originally cost $120,000 and has accumulated depreciation of $72,000. A new processing technique has rendered the equipment obsolete, so it is retired. Which of the following entries should Blanchard use to record the retirement of the equipment?

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In 2017, Blanchard Corporation has plant equipment that originally cost $120,000 and has accumulated...

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