10 Part 1 of 2 0.88 points Required information [The following information applies to the questions displayed below] Abbott Landscaping purchased a tractor at a cost of $37,000 and sold it three years later for $18,800. Abbott recorded depreciation using the straight-line method, a five-year service life. and a $2,500 residual value. Tractors are included in the Equipment account. Check my work eBook Hint Print 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.) References Mc Graw Hill View transaction list Journal entry worksheet Record the sale of equipment. < Prev 10 11 of 17 Next > 9:39 AM KADRO 10 Part 1 of 2 0.88 points eBook Hint Print References Required information Record the sale of equipment. Note: Enter debits before credits. Transaction General Journal Dobit Credit Record entry Clear entry View general journal Mc Graw < Prev 10 11 of 17 Next > Check my work Mc 11 Saved Help Save & Exit Submit Check my work 2. Assume the tractor was sold for $11,800 instead of $18,800. Record the sale. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Part 2 of 2 View transaction list 0.88 points Journal entry worksheet < 1 eBook Hint Print Record the sale of equipment. References Note: Enter debits before credits. Transaction General Journal Debit Credit 1 5 < Prev 11 of 17 Next >