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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
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 stravhtline method of depreciation calculates the amour of depreciation to be recognized each year.
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
Accumulated Deorec stionEquipment
mos on Sale af rmwmens Y
H T ITM
Equipment
Fendoser
crers By wes
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