Question
10-06A Pronghorn Co. has equipment that cost $78,200 and that has been depreciated $49,900. Record the disposal under the following assumptions. (a) It was scrapped
10-06A Pronghorn Co. has equipment that cost $78,200 and that has been depreciated $49,900. Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was sold for $19,500. (c) It was sold for $30,800. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit (a) (b) (Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation (a) (b) (c) SHOW LEST OF ACCOUNTS Debit Credit
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