Question: How do I solve ? Knowledge Check of On December 29, 2021, Patel Products, Incorporated, sells a delivery van that cost $20,000. The equipment had
Knowledge Check of On December 29, 2021, Patel Products, Incorporated, sells a delivery van that cost $20,000. The equipment had accumulated depreciation of $16,000 at December 34,2020 . Annual depreciation on this equipment is $2,000 computed using straight-line depreclation. Complete the necessary journal entry to bring the accumulated depreciation up-to-date by selecting the account names from the dro down menus and entering the dollar amounts in the debit or credit columns
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