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Entry for this statement
1. depreciation a/c dr. $10000
To accumulated depreciation a/c $10000
2.asset sold a/c dr. $96000
To asset a/c $96000
(cost of sold equipment)...

Accumulated depreciation is not shown in the trail balance it is shown in balance sheet

hi! Please claryfy what you want as far as your e.g.. Is concerned of op. stock +purchases-closing stock =sales i.e 250 of sales then gross profit is 50 .but if your sales are 350 then you would ...

hi! Please claryfy what you want as far as your e.g.. Is concerned of op. stock +purchases-closing stock =sales i.e 250 of sales then gross profit is 50 .but if your sales are 350 then you would ...