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journal entry to correct this current year error... 2 6 ...

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Accounting

journal entry to correct this current year error... 2 6
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In 2022, Copeland Co sold Equipment for 59,200. The Equipment originally cost $30,000, and it was fully deprecated no salge value and To record the collection of proceeds from the sale, the company debited Cash and credited the Equipment account for 58.200 In December 2022, the journal entry to correct this current year error would include a a dobit to Loss on Sale $9,200 Ob a credit to Accumulated Depreciation $9.200 Oca credit to Equipment $30,000 Od a debit to Accumulated Depreciation $20,800 e. a credit to Equipment 520,800

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