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Hanshew's Lumber Mill Sold Two Machines in 2014

Question 12

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Hanshew's Lumber Mill sold two machines in 2014. The following information pertains to the two machines: Hanshew's Lumber Mill sold two machines in 2014. The following information pertains to the two machines: Instructions (a) Compute the depreciation on each machine to the date of disposal. (b) Prepare the journal entries in 2014 to record 2014 depreciation and the sale of each machine. Instructions
(a) Compute the depreciation on each machine to the date of disposal.
(b) Prepare the journal entries in 2014 to record 2014 depreciation and the sale of each machine.

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