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Blossom Company sold manufacturing equipment with a cost of $45200 and accumulated depreciation of $32000...

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Accounting

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Blossom Company sold manufacturing equipment with a cost of $45200 and accumulated depreciation of $32000 for $9000. The fournal entry to record this transaction will include: a credit to the Equipment account for $13200. a debit to a loss account for $4200. a credit to a gain account for $5600. a credit to Accumulated Depreciation - Equipment for $32000. Attempts: 0 of 1 used

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