Several years ago, Farr, Inc. purchased a computer costing $45,000, for which total depreciation of $35,000 has been recorded. Assuming that the computer is sold for $15,000 cash, the proper entry to record the sale is:

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The Answer of Several years ago, Farr, Inc. purchased a computer costing $45,000, for which total depreciation of $35,000 has been recorded. Assuming that the computer is sold for $15,000 cash, the proper entry to record the sale is:

Several Years Ago, Farr, Inc