Miley Enterprises sold equipment on January 1, 2011 for $5,000. The equipment had cost $24,000. The balance

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Miley Enterprises sold equipment on January 1, 2011 for $5,000. The equipment had cost $24,000. The balance in Accumulated Depreciation at January 1 is $20,000. What entry would Robot make to record the sale of the equipment?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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