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2007-08-09 14:36:57 · 1 answers · asked by Jess 1 in Business & Finance Corporations

1 answers

Debit cash if you got cash
Credit the asset account for the cost
Debit Accumulated depreciation
The difference is gain or loss misc income or expense.

2007-08-09 14:43:21 · answer #1 · answered by shipwreck 7 · 0 0

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