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5 Garcia Co. owns equipment that cost $80,800, with accumulated depreciation of $42,800 Garcia sells the equipment for cash. Record the sale of the equipment

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5 Garcia Co. owns equipment that cost $80,800, with accumulated depreciation of $42,800 Garcia sells the equipment for cash. Record the sale of the equipment under the following three separate cases assuming Garcia sells the equipment for () $50,000 cash. (2) $38,000 cash, and (3) $32.900 cash 00:51:01 View trarn list Journal entry worksheet 2 Record the sale of equipment assuming Garcia sells the equipment for $50,000 cash ore credits Transaction General Journal Debit Credit 9:21 AM 4/11/2018

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