About the prepare journal entries

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Prepare journal entries. Show all steps and work and DO not answer if you dont know what your doing, if you have to look up how to do this you should not be answering thank you ahead of time for time and consideration.

Lancy company traded in an old machine for a new machine at the beginning of February. After updating depreciation prior to the trade in, the accumulated depreciation amount had a balance of 8000, and the original cost of the machine was 23,000. In addition Lancy company was given 13,000 towards the new machine, the new machine cost 20,000.

Reference no: EM13747347

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About the prepare journal entries : Prepare journal entries. Show all steps and work and DO not answer if you dont know what your doing, if you have to look up how to do this you should not be answering thank you ahead of time for time and consideration.

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