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Sanders corporation sold equipment with a cost of $250,000 and accumulated depreciation of $180,000 for $90,000. the journal entry to record the sale of the asset would not include which of the following? a. debit to accumulated depreciation for $180,000 b. debit to cash for $90,000 c. credit to gain on sale of asset for $20,000 d. credit to equipment for $70,000
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