Hot Stone Creamery sold ice cream equipment for $12,400. Hot Stone originally purchased the equipment...
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Accounting
Hot Stone Creamery sold ice cream equipment for $12,400. Hot Stone originally purchased the equipment for $81,000, and depreciation through the date of sale totaled $66,500. Record the gain or loss on the sale of the equipment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits
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