Question: On 1 2 / 3 1 / 2 3 The Deere Company sold office equipment that had a book value of $ 8 , 2

On 12/31/23 The Deere Company sold office equipment that had a book value of $8,200 for $12,000. The office equipment originally cost $29,000 and it is estimated that it would cost $32,000 to replace the office equipment.
Prepare the appropriate journal entry to record the disposition of the office equipment.
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On 12/31/23 The Deere Company sold office equipment that had a

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