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JEs for sale of a rental property. – Accountants Community – JEs for sale of a rental property. What are the journal entries for the sale of a rental property? I think I don’t have the right accounts in the chart of accounts. I am Debiting the Acc Dep Accounts, Crediting the asset accounts, Crediting the Income account for the sale price debiting the Other exp account, cost of sale for the sales costs.
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