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24) Prepare the journal entries to record the following transactions for the Marble Company, which has a financial year end of 30 June and uses

24) Prepare the journal entries to record the following transactions for the Marble Company, which hasa financial year end of 30 Juneand uses the straight-line method of depreciation. Ignore GST.

(a)1 January, 2019, the company sold old office equipment for $6,000. The office equipment originally cost $38,000 and had accumulated depreciation to the date of disposal of $30,000.

(b)30 April, 2019, the company sold a printing machine for $40,000 that was purchased on 30 January, 2016. The printer cost $95,000, and had a useful life of 5 years with residual value of $5,000.

(c)30 September, 2019, the company sold old delivery equipment for $9,000. The delivery equipment was purchased on 30 June, 2017, for $21,000 and was estimated to have a $3,000 residual value at the end of its 5-year life.

(Both account names and figures should be correct in order to award marks.

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