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Business, 09.12.2021 05:20 hannaboo53

Pronghorn Company sells equipment on September 30, 2022, for $16,800 cash. The equipment originally cost $73,000 and as of January 1, 2022, had accumulated depreciation of $43,000. Depreciation for the first 9 months of 2022 is $4,750.Prepare the journal entries to (a) update depreciation to September 30, 2022, and (b) record the sale of the equipment

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Pronghorn Company sells equipment on September 30, 2022, for $16,800 cash. The equipment originally...
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