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Complete the necessary journal entry

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Question - On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation of $16,000 at December 31, 2018. Annual depreciation on this equipment is $2,000 computed using straight-line depreciation.

Complete the necessary journal entry to bring the accumulated depreciation up-to-date.

Reference no: EM132428728

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