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2 , 0 1 8 Feedtack Check: My Wark: The depreciation account of the fixed asset being soid or discardod needs to be upolated to

2,018
Feedtack
Check: My Wark:
The depreciation account of the fixed asset being soid or discardod needs to be upolated to reflect the moneh of use in the year it is being discarded or sold. The stravht-line method of depreciation calculates the amour of depreciation to be recognized each year.
2. Journalize the entry to record the sale of the equipment, If an ametint boo does not require an entry, leave if blank. Do not round intermediate calculations.
Cash ?2
Accumulated Deorec stion-Equipment 442,272.5
mos on Sale af rmwmens = Y
7.H24, T-12 ITM
Equipment =>
154,310
Fendoser
crers By wes
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