Essay
Computer equipment (office equipment)purchased 6 1 / 2 years ago for $170,000,with an estimated life of 8 years and a residual value of $10,000,is now sold for $60,000 cash.(Appropriate entries for depreciation had been made for the first six years of use.)Journalize the following entries:
Correct Answer:
Verified
Correct Answer:
Verified
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