Kolonas, Inc., sold equipment for $5400 cash. The equipment cost $73,400 and had accumulated depreciation through the date of sale of $72,000. At the date of sale, the journal entry to record the sale will have:

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The Answer of Kolonas, Inc., sold equipment for $5400 cash. The equipment cost $73,400 and had accumulated depreciation through the date of sale of $72,000. At the date of sale, the journal entry to record the sale will have: