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Business, 21.04.2020 19:35 MansellS5529

Luna Manufacturing operates on a fiscal year that ends on June 30th. Luna Manufacturing purchased a large piece of production equipment on November 1st, 2008, for $65,000. On July 1st, 2013, when there was $42,000 of accumulated depreciation, Luna sold the equipment for $20,000. How should Luna record the details of the sale

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