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Record the sale of the truck

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Question - Sold a truck for Br. 950.00. The truck had been purchased two years ago on January 2 for Br. 2300.00. The amount of depreciation is Br. 400.00 a year. Accumulated depreciation for that amount was recorded at the end of the two previous years.

Required -

a. Record the depreciation for the current year to June 30.

b. Record the sale of the truck.

Reference no: EM133035687

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