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0 Required information Exercise 7-17A Record the sale of equipment (L07-6) [The following information applies to the questions displayed below) Abbott Landscaping purchased a tractor

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0 Required information Exercise 7-17A Record the sale of equipment (L07-6) [The following information applies to the questions displayed below) Abbott Landscaping purchased a tractor at a cost of $41,000 and sold it three years later for $21,100. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,000 residual value. Tractors are included in the Equipment account Exercise 7-17A Part 1 Required: 1. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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