Business
Business, 09.02.2021 02:30, alejandra1201

ogan Company owns equipment that cost $140,000 when purchased on January 1, 2018. It has been depreciated using the straight-line method based on estimated salvage value of $14,000 and an estimated useful life of 5 year. Prepare Logan Company's journal entries to record the sale of the equipment in five independent situations. Update depreciation on assets disposed of at time of sale.

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ogan Company owns equipment that cost $140,000 when purchased on January 1, 2018. It has been deprec...

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