Saturday, 16 May 2015

hen, we sold the asset in June 2012 for $1,800.

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Then, we sold the asset in June 2012 for $1,800.
How do I book the transactions and what accounts do I need to hit?
Cash account is 100-1000
Asset account is 135-0000
Accumulated Depreciation account is 127-0001
Depreciation Expense account is 535-0050

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