Show the General Journal entries and General Ledger accounts in the books of XYZ Business for the sale of the Equipment
Original Cost of Equipment $52,000; Accumulated Depreciation on Equipment $25,000
Sold the Equipment for $32,200 (ex GST) on credit on 30 June.
XYZ Business
General Journal
Date
Particulars
Post Ref
Debit
Credit
2015
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