5 points 8 A company owns equipment that cost $72,000 and has accumulated depreciation of $50,400 as of January 1. Prepare the entry to record the disposal of this equipment on January 1 for each separate situation. 00:31:24 Skipped a. Equipment is sold for $22,000 cash. b. Equipment is sold for $15,000 cash. View transaction list Journal entry worksheet

A company owhs equipment that cost 572000 and thas accumilated deprectation of \$50.400 a of lanuary 1 Prepate the eritry to record the disposat of this equpmerit on Iandary 1 tor each velputate sithation o. Fgutament is sold for $22,000 eash b. fquipment is sold fou 5 ith 000 cash. Journal entry worksheet Record the side of the rauipment for $23,000 cash Note triter debit befole credits