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Business, 23.04.2020 19:52 kimlyn58p0wyn0

Bramble Corporation owns equipment that cost $74,400 when purchased on April 1, 2013. Depreciation has been recorded at a rate of $12,400 per year, resulting in a balance in accumulated depreciation of $58,900 at December 31, 2017. The equipment is sold on July 1, 2018, for $14,880.

Prepare journal entries to (a) update depreciation for 2015 and (b) record the sale

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Bramble Corporation owns equipment that cost $74,400 when purchased on April 1, 2013. Depreciation h...
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