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Journalize the Following Transactions for Pets R Us

question 74

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Journalize the following transactions for Pets R Us:
Mar. 5 Sold a truck for $10,000 that cost $15,000 and had an accumulated depreciation of $12,000.
Mar. 10 A machine costing $13,000 with accumulated depreciation of $10,500 was destroyed in a fire. No claim was filed.
May 15 Traded in a machine costing $25,000, with $19,000 of accumulated depreciation, for a new machine costing $32,000 with a trade-in allowance of$ 9,000.


Definitions:

Revised Secularization Thesis

An updated version of the secularization theory that suggests while religious institutions may lose social significance, personal spirituality or belief may not necessarily decline.

Sacred and Profane

Refer to categories within sociology that distinguish between the holy, spiritual, or religious (sacred) and the secular, everyday, or non-religious (profane).

Émile Durkheim

A French sociologist, one of the founding figures of sociology, known for his studies on social solidarity, religion, and the division of labor in society.

Stanley Cup

The championship trophy awarded annually to the National Hockey League (NHL) playoff winner.

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