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Score: 0 of 5 pts 5 of 13 (0 complete) Hw Score: 0%, 0 of 50 pts S9-9 (similar to) Question Help CD Warehouse purchased equipment on January 1, 2016, for $22,000. Suppose CD Warehouse sold the equipment for $16,000 on December 31, 2018. Accumulated Depreciation as of December 31, 2018, was $12,000. Journalize the sale of the equipment, assuming straight-line depreciation was used. First, calculate any gain or loss on the disposal of the equipment Market value of assets received Less: Book value of asset disposed of Cost Less: Accumulated Depreciation Gain or (Loss) Enter any number in the edit fields and then click Check
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