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Harrison Harrison
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7 years ago
Foothills Industries gathered the following data for the year ended December 31, 2013, related to its equipment.   
   Accumulated   
   Equipment   Depreciation
January 1, 2013, balance   $88,000   $40,000
Total debits to the account    55,000   ?
Total credits to the account   ?    56,000
December 31, 2013, balance    92,000    57,000

Based on the above data, prepare the journal entry to record the sale of equipment during the year for $9,000 cash.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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msayed2004msayed2004
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7 years ago
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Harrison Author
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Good timing, thanks!
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Brilliant
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