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2-DISPOSAL OF PLANT ASSETS 2 JOURNAL ENTRIES 20 Stonebridge Corp. sold a piece of equipment for 30,000 Original cost of equipment 160,000 Accumulated depreciation as
2-DISPOSAL OF PLANT ASSETS 2 JOURNAL ENTRIES 20 Stonebridge Corp. sold a piece of equipment for 30,000 Original cost of equipment 160,000 Accumulated depreciation as of January 1, 2020 140,000 500 Depreciation expense per month CTIONS: Prepare the journal entries to record the sale of this equipment on November 1, 2020 SLEM 3-COMPUTE REVISED ANNUAL DEPRECIATION EXPENSE 10 p
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