Business
Business, 21.11.2019 06:31, lolgirl9757

Sunland corporation owns machinery that cost $27,200 when purchased on july 1, 2017. depreciation has been recorded at a rate of $3,264 per year, resulting in a balance in accumulated depreciation of $11,424 at december 31, 2020. the machinery is sold on september 1, 2021, for $14,280.prepare journal entries to (a) update depreciation for 2018 and (b) record the sale.

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Sunland corporation owns machinery that cost $27,200 when purchased on july 1, 2017. depreciation ha...

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