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In: AccountingPlant equipment originally costing$32,400, on which $21,600 of up-to-date depreciation has beenaccumulated, was sold...Plant equipment originally costing$32,400, on which $21,600 of up-to-date depreciation has beenaccumulated, was sold for $8,100.a. Prepare the journal entry to recordthe sale.b. Prepare the entry to record the saleof the equipment if $90 of removal costs were incurred to allow theequipment to be moved.
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Accounting
Accounting