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Home Q & A Board Other Fields Homework Help Business Accounting
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Harrison Harrison
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6 years ago
Equipment costing $35,000 with a book value of $12,000 is sold for $11,500. The journal entry will involve:
A) credit to Accumulated Depreciation for $23,000
B) debit to Accumulated Depreciation for $12,000
C) debit to Accumulated Depreciation for $23,000
D) credit to Equipment for $12,000
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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TheSinTheSin
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6 years ago
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