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PB 14. LO 11.5 Garcia Co. owns equipment that costs $150,000, with accumulated...

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Accounting

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PB 14. LO 11.5 Garcia Co. owns equipment that costs $150,000, with accumulated depreciation of $65,000. Garcia sells the equipment for cash. Record the journal entry for the sale of the equipment if Garcia were to sell the equipment for the following amounts: A. $90,000 cash B. $85,000 cash C. $80,000 cash

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