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I'm a new accountant and have been unable to find any support for my question. I'm working on depreciating for a fixed asset (furniture) that we partially sold that we are currently financing. Would any one be able to guide me on the correct journal entries to make? And to perhaps guide me on anything that may be tricky?
Please forgive my ignorance and lack of knowledge if this is a simple question.
Please forgive my ignorance and lack of knowledge if this is a simple question.