Prepare missing journal enteries


accumulated depreciation at 1/1/2010 was $200,000. At 12/31/2010, the balance on the acocunt was $320,000. During 2010 one piece of equipment was sold. The equipment has an original cost of $50,000 was 1/2 depreciated when sold. Prepare missing journal enteries

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Accounting Basics: Prepare missing journal enteries
Reference No:- TGS080586

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