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26 of 27 Your answer has been saved. See score details after the due date .../10 On September 30, 2028, the company sold old equipment
26 of 27 Your answer has been saved. See score details after the due date .../10 On September 30, 2028, the company sold old equipment for $44,600. The equipment was purchased on January 1, 2026 for $93,000 and was estimated to have a $15,900 salvage value at the end of its 5-year life. Depreciation on the equipment has been recorded through December 31, 2027. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries) Date Account Titles and Explanation ember 30, 2028 Depreciation Expeme Accumulated Depreciation-Equipment (To record depreciation expense for the first 9 months of 2028) imber 30, 2028 Cash Accumulated Depreciation-Equipment Loss on Disposal of Plant Assets Equipment (To record sale of delivery equipment) Debit 11565 44600 38550 9050 Credit 11565 93000 (b) On June 30, 2028, the company sold old equipment for $23,850. The equipment originally cost $35,800 and had accumulated depreciation to the date of disposal of $14,900. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation June 30, 2028 Debit Credit eTextbook and Media Attempts: 0 of used Submit Awwir
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