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The following balance sheets and income statement were taken from the records of Rosie-Lee Company: Additional transactions were as follows: a. Sold equipment costing $21,600, with accumulated depreciation of $16,200, for $3,600.
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:max_bytes(150000):strip_icc()/Amazon1-44e7bd8e358a4b8688093664825b23cd.JPG "Amortization vs. Depreciation: What's the Difference?")
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